Cuba has officially authorized the first flight of the US airline JetBlue between Florida and Cuba. This Wednesday will start its Go nonstop to Cuba services. The first regular commercial will take off from, Florida and arrive in Santa Clara.
JetBlue will initially operate flights on three routes between Fort Lauderdale-Hollywood International Airport (FLL) and:
Santa Clara– Abel Santamaría Airport (SNU)
Monday, Wednesday & Friday flights starting August 31, 2016
Daily flights starting October 1, 2016
Camagüey – Ignacio Agramonte Airport (CMW)
Daily flights starting November 3, 2016
Holguín – Frank País Airport (HOG)
Daily flights starting November 10, 2016
AT&T has reached agreements for Cuba roaming and direct interconnection with Empresa De Telecomunicaciones De Cuba (ETECSA). The deal continues to enhance AT&T’s global coverage for customers – the best of any U.S. wireless provider.
“Cuba is a growing international calling destination for our customers,” said Bill Hague, executive vice president, AT&T Global Connection Management. “With this agreement, AT&T customers soon will be able to seamlessly connect with talk, text and data while visiting Cuba.” We will announce commencement of wireless roaming availability and pricing for AT&T customers visiting Cuba at a later date.
The First Vice President of the Central Bank of Cuba, Irma Margarita Martinez, said that this event is part of the process of normalization of relations between Cuba and the United States.
IMTC Cuba 2016 conferences: ‘A global overview of remittances’, ‘Latin America and remittances’, ‘Regulation of the financial sector and the transfer companies from the United States’, and ‘Financial relation between United States and Cuba and its continental influence’.
Our main objective of this one-of-a-kind historic event is to explore remittances and its link to financial services in Cuba, as well as migrant services, looking at the past to understand the present & analyzing what the future will bring. We want to witness the transformation first hand, from the role of the banking sector, the emerging non-bank financial sector, the present and the future importance of remittances, the foreign exchange market to the card and mobile financial services developments in the island. We are grateful to Banco Central and Fincimex for their help and to our event manager.
This dramatic and emotional outburst is growing like a bamboo tree, and the influence of social media has lead people eagerness to know what’s on in the mystical island. Celebrities are no longer concerned in keeping a low profile while traveling to Cuba, the opposite, they are on the front page of any newspaper, some of the bolder ones have made history by extending their trip to cultural events, such as the concert of the Rollin Stone, the fashion show by the legendary Karl Lagerfeld who took his Resort 2017 Chanel show to Havana Cuba.
Hollywood’s filmmakers, supported by the country’s independent production industry shot House of Lies and Fast & Furious in the most impressive historical city, the Old Havana.
So, how did they pull it off?
The Federal Communications Commission (FCC) removed Cuba from its exclusion list enabling U.S.-based telecom operators to provide telephone and Internet services to Cuba without the need of a separate approval from the FCC. And based on that IDT Corp. has formed a J-V with the Cuba’s telecommunications company ETECSA; Verizon Communications Inc. is offer roaming wireless services to its American customers while in Cuba.
According the OFAC, transactions that are directly incident to professional media or artistic productions of information or informational materials for exportation, importation, or transmission, including the filming or production of media programs (such as movies and television program). The Cuban record enterprise EGREM and Sony Music Entertainment signed a licensing agreement for the international distribution of EGREM’s catalog of Cuban music.
Carnival cruise line – Fathom – cultural immersion and people-to-people connections.
All this does not represent a legislative change, as the embargo remains in place, however recent changes have been the cornerstone to overcome the complex red tape procedure in order to get the green light from the US treasure department in any project related to Cuba.
People are changing their skeptical approach, they are coping with the governments bureaucracy by being more persistent and patient, and focusing on results. A couple of examples: Cleber LLC the first US enterprise to operate in the Cuba Mariel Development Zone, Starwood Hotels signed three new hotel deals in Cuba, it’s the first U.S. company in the hospitality sector to launch in the Cuban market.
OFAC has issued a general license authorizing carrier services between the United States and Cuba, directly or indirectly, by vessel, in addition to the existing authorization for provision of such services by aircraft. Its doesn’t include general aviation.
JetBlue the leading airline to the Caribbean already offers nonstop charter services to and from New York, Fort Lauderdale and Havana.
American Airlines, Delta, United Airlines among others have submitted their applications to the US transportation department, hopping to get the required license to fly to Cuba.
Do you need a license, in which category does your business or interest fall?
Different interpretations arrive via different paths, so make sure you are well in formed, by reading the Cuba-US, FAQs
Cuba’s changing business climate followed by the reestablishment of the diplomatic relations between Washington and Havana has brought to the island a flow of delegations of businessmen and diplomats from around the world, some of them curious to see what the local market has to offer while others are serious in their business proposals.
Those who had not had the chance to travel to the island before, did not miss the opportunity to witness the best business fair of Havana (FIHAV). The largest in its history, with delegations from 70 countries -including 25 companies from the USA-, looking to consolidate or launch business, 10 more over the previous year, and all Cuban economic sectors were well represented.
Foreign investment is one of the pillars of the economic reforms undertaken in the Island. In order to attract the foreign capital needed to revitalize its economy, Cuba has updated its business portfolio, from which foreign direct investment flows could rise to $ 8.173 millions of dollars.
A significant development of this edition is the inclusion of the health sector. Three projects of facilities for health tourism; and health services related to sport. Which have the purpose of building two Vacation Hemodyalisis facilities centers, a international clinic sports and the construction of a center Quality of life services for which is need 42.5 millions USD.
It’s important to highlight the wholesale business which offers a range of opportunities and its need for foreign immediate economic boost.
With the rapid growth of tourism in Cuba, it seeks to renovate its most import ports facilities -Havana, Cienfuegos, Santiago de Cuba, Sancti Spiritus and Holguín- associated with this activity. The Development of the 5 cruise-line terminals need around $ 74 millions UDS.
To provide mooring services, passenger transit services through the terminals, facilities to provision
the ships, leasing offices and space, transit customs warehouses, dock pass services for automóviles These projects aim to:
As evidence of of the rapid and non-stop changes taking place on the island, the Office of the Special Development Zone Mariel (ZEDM) officially presented the eight users approved to date to settle in the area.
The companies established in the area, are Container Terminal Mariel (TCM) S.A. (Cuba); meat-packer Richmeat (Mexico), Profood Service (Spain), a supplier of food and beverage for the tourism sector; BDC-Log S.A and BDC-Tec S.A (both Belgium), the first providing logistics services and the second focus on water treatment with cutting-edge technology ; DEVOX General Paint (Mexico); and BRASCUBA Cigarettes (Brazil / Cuba).
The Department of the Treasury and the Department of Commerce are announcing additional revisions to the Cuban Assets Control Regulations (CACR) and Export Administration Regulations (EAR), building off the changes put into place by Treasury and Commerce on January 16, 2015 and further delivering on the new direction toward U.S. relations with Cuba that President Obama laid out last December. The changes, consistent with the President’s December announcement, will take effect on Monday, September 21, 2015, when the regulations are published in the Federal Register. A fact sheet detailing the revisions, which will be administered by Treasury’s Office of Foreign Assets Control (OFAC) and Commerce’s Bureau of Industry and Security (BIS), is below.
Transportation by vessel of authorized travelers – between the United States and Cuba only and without stops in third countries – will be authorized by general license.
Close relatives now also will be allowed to visit or accompany authorized travelers for additional educational activities, journalistic activity, professional research, and religious activities, as well as activities related to humanitarian projects and activities of private foundations or certain research or educational institutes.
All authorized travelers will be allowed to open and maintain bank accounts in Cuba in order to access funds for authorized transactions while in Cuba.
Telecommunications & Internet-Based Services –
Persons subject to U.S. jurisdiction will be allowed to establish a business presence in Cuba, including through joint ventures with Cuban entities, to provide certain telecommunications and internet-based services, as well as to enter into licensing agreements related to, and to market, such services.
Persons subject to U.S. jurisdiction will be allowed to import Cuban-origin mobile applications into the United States and to hire Cuban nationals to develop them.
Commercial and Financial Transactions –
All persons subject to U.S. jurisdiction will be allowed to provide goods and services to individual Cuban nationals located outside of Cuba, provided there is no commercial exportation of goods or services to or from Cuba.
Banking institutions will be able to open and maintain accounts for Cuban individuals for use while the Cuban national is located outside of Cuba, and to close such accounts.
Physical Presence and Operations in Cuba –
Persons subject to U.S. jurisdiction engaging in the following categories of authorized activities will be allowed to establish and maintain a physical presence, such as an office, retail outlet, or warehouse, in Cuba: news bureaus; exporters of certain goods authorized for export or reexport to Cuba by Commerce and OFAC, such as agricultural products and materials for construction or renovation of privately-owned buildings; entities providing mail or parcel transmission services or certain cargo transportation services; providers of telecommunications or internet-based services; entities organizing or conducting educational activities; religious organizations; and providers of carrier and certain travel services. These individuals and entities will also be authorized to employ Cuban nationals, open and maintain bank accounts in Cuba, and employ persons subject to U.S. jurisdiction in Cuba.
The limits on donative remittances to Cuban nationals other than prohibited Cuban Government or Cuban Communist Party officials, currently set at $2,000 per quarter, will be removed entirely. The limits on authorized remittances that individuals may carry to Cuba, previously $10,000 for persons subject to U.S. jurisdiction and $3,000 for Cuban nationals, will also be removed entirely.
Remittances from Cuba and from Cuban nationals in third countries to the United States will be authorized by general license, and financial institutions will be allowed to provide related services.
Legal Services –
A new general license will authorize persons subject to U.S. jurisdiction to receive, and make payment for, certain legal services from Cuba or Cuban nationals.
Humanitarian Projects –
The license authorizing transactions related to specified humanitarian projects will be expanded to include disaster relief and historical preservation.