Hogan Lovells Publications | December 2015

The new U.S.-Cuban context: Time to move on?

Over fifty years after the U.S. and Cuba's ties froze, Barack Obama and Raúl Castro have decided to bring their positions closer together. On 17 December 2014, Obama announced his intention to restore diplomatic relations and ease the economic embargo against the island. This dramatic policy shift was initially implemented through a set of regulatory changes in January 2015 followed by the reopening of both countries' Embassies doors in July 2015 and the removal of Cuba from the U.S. State Department's list of states that sponsor terrorism.

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