HAVANA TIMES — The United States and Cuba will hold next week a second round of its regulatory dialogue, with the participation of US Secretary of Commerce Penny Pritzker and Cuba’s Minister of Foreign Trade and Foreign Investment, Rodrigo Malmierca, announced the Treasury Department on Wednesday.
The meeting, to be held on February 17 & 18 in Washington, will be attended by officials from the Treasury and Commerce Departments, as well as experts from the State Department, reported dpa news.
In the meeting, the officials will discuss “regulatory changes implemented on January 27, affecting exports and financing of certain assets and services authorized for Cuba and challenges for US companies doing business on the island.”
The Cuban delegation will discuss “the relevant parts of the Cuban economic system, including the importation of goods and services and financial transactions,” the Treasury said in its statement.
According to Pritzker, the second round of the US-Cuba Regulatory Dialogue will allow for the participants to “better understand the way in which our governments and economies can work together in support of the Cuban people.”
“Our successive steps to amend the Regulation for Control of Cuban Assets are empowering the Cuban people,” said Treasury Secretary Jacob Lew.
Malmierca will be the first Cuban Trade Minister to visit the United States in decades.
The Cuban minister will also take part on Feb. 16 in a meeting with US business people at the United States Chamber of Commerce.
Attending will be Carlos Gutierrez, former Secretary of Commerce from 2005 to 2009 under President George W. Bush.
Gutierrez, of Cuban origin, was appointed Tuesday to head the US-Cuba Business Council, an affiliate of the US Chamber of Commerce.
In late January, the US government announced more measures easing aspects of the embargo on Cuba on travel, trade and finance. These changes will not cause the total lifting of the economic and commercial embargo on the island, and that only the Congress, controlled by Republicans, can do.
Cuba-US bilateral relations resumed in July 2015, after more than half a century of disruption and ideological confrontation.