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America's new deal with Cuba

HIGHLIGHT — US President Barack Obama has announced a sweeping overhaul of US-Cuban relations, with the re-establishment of diplomatic ties after nearly half of a century.

The move follows the historic exchange of prisoners between the two states, which have had tenuous diplomatic relations for over five decades following the 1960 imposition of a US embargo on the Castro regime. Among the sweeping changes are the reestablishment of bilateral ties, the normalisation of banking and trade ties and changes to effect expanded travel between the United States and Cuba.

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