US Businesses Interested in Cuba, Not Acting

U.S. regulatory changes including a license exemption to encourage U.S. exports that support the Cuban people got U.S. business interest but few commercial deals and little bilateral economic engagement, GAO reported. The State Department and other agencies engaged Cuban officials, hosted events alongside Cuban entrepreneurs and promoted business training opportunities, but the report issued Tuesday found U.S. agencies haven’t collected and documented key information on the Cuban economy, regulatory impacts and “agency activities” in adherence with federal standards for internal control.