Castro: ‘Essential Problem’ of Embargo Must Be Resolved

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Cuban President Raul Castro urged the U.S. to end a five-decade economic embargo against the Caribbean island, while welcoming an agreement to restore relations.

“We share the idea that this may open a new era between the United States and Cuba, which starts with the re-establishment of diplomatic relations,” Castro saidBloomberg Terminal before the Cuban parliament today. “An important step was taken, but the essential problem of the economic embargo still needs to be solved.”