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Cuba to US: help banks shed fear of dealing with us

The United States and Cuba buried the hatchet in July 2015 and restored diplomatic ties severed half a century agoWashington must give assurances that banks dealing with Cuba will not be punished under the US trade embargo, which remains in force despite the restoration of diplomatic ties, an official said Thursday. Cuba will make this argument Monday in Havana at a meeting of officials from the two countries to review how the process is going, said Gustavo Machin, deputy director of US affairs in the Foreign Ministry. “It has still not been possible to normalize banking relations between the two countries, and among American banks and multinational banks there is a still much fear of dealing with Cuba,” he said.

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