Categories: News

Cuba and the US to Meet in Havana on Monday

Government officials of Cuba and the United States will meet in Havana on Monday for further discussions on improving relations.  This will be the third bilateral commission to take place between the two nations.  Gustavo Machin, the Deputy Director for U.S. affairs at the Cuban foreign ministry announced at a press conference the meetings were to evaluate the progress of normalizing relations and to find new areas for mutual cooperation.  Josefina Vidal, the Cuban Foreign Ministry’s chief of U.S. affairs and Kristie Kenney, Counselor for the U.S. State Department will lead the talks.

The talks will not include the financial compensations both sides currently have.

Speaking at a press conference Machin said, “We will set the agenda for the rest for the year.”

“We are not yet negotiating the topic of claims even if there is a recognition on both sides that these exist.”

Advertisement. Scroll to continue reading.

Earlier agreements between the U.S and Cuba are now in place for common issues such as the environment, direct flights, mail service and maritime safety.

However there are many outstanding challenges which remain, including the American embargo, the return of Guantanamo to Cuba, the freezing of Cuban bank accounts and the restrictions on the imports of U.S. Products.

The U.S. does not allow Cuba to have correspondent banking relationships and financial transactions still have to be made through third countries.

“Until now, no bank transactions have been carried out in U.S. currency,” Machin said. “There is still a great fear.”

Advertisement. Scroll to continue reading.

The chief stumbling block remains the American embargo against Cuba which effects the people of Cuba, American business interests and foreign entities.

Share
Published by
Cuba Business Report Staff

Recent Posts

Cuba Joins the BRICS New Development Bank

In a move with both economic and geopolitical significance, Cuba has officially joined the New…

1 week ago

Cuba’s International Tourist Arrivals—June 2025

Cuba’s tourism sector, long a vital part of the island’s economy, is experiencing mixed fortunes…

2 weeks ago

Cuba Amplifies Voice of the Global South at BRICS 2025 in Brazil

Cuba took center stage at the 17th BRICS 2025 in Rio de Janeiro this weekend,…

1 month ago

FIHAV 2025 Set for this November

Cuba has confirmed the 41st edition of the Havana International Fair (FIHAV 2025) will take…

1 month ago

WestJet CEO Meets with Cuban President Amid Hopes for Expansion of Passenger Flights to Havana

WestJet CEO Alexis von Hoensbroech met Wednesday with Cuban President Miguel Díaz-Canel in Havana, a high-level meeting…

2 months ago

Cuba Expands Solar Parks as Energy Deficits Persist

Cuba is ramping up efforts to address energy shortages through the expansion of photovoltaic solar…

2 months ago