HAVANA (AP) -- A group of former high-ranking U.S. officials, business executives and academics is asking President Barack Obama to loosen the five-decade embargo on Cuba in order to stimulate the flow of capital and expertise to the island's nascent class of independent entrepreneurs.
The 44 signatories ask Obama to take a series of actions, including allowing legal travel to Cuba by experts who can train Cuban entrepreneurs in law, real estate and financial services. It also requests Obama allow U.S. citizens easier access to money in Cuba and the ability to send money from the U.S. to support independent economic activity.
In 2009, Obama allowed Cuban-Americans unlimited travel to Cuba to visit relatives. In 2011, he allowed U.S. citizens to participate in tourism dedicated to contact with ordinary Cubans.