Law360, New York (February 4, 2016, 12:25 PM EST) -- Last week, the U.S. Commerce Department's Bureau of Industry and Security announced amendments to the Export Administration Regulation (EAR) that further liberalize U.S. trade relations with Cuba.[1] Commerce's rule adds a number of new categories of transactions that the agency will license and was made in conjunction with changes to the U.S. Treasury Department, Office of Foreign Assets Control's (OFAC) Cuba sanctions program.[2] Building upon regulatory changes published in January and September 2015, the rule aims to engage and empower the Cuban people, while also maintaining stringent restrictions on, and limiting benefits to, the Cuban government-run economy and Cuban military, police, security and intelligence entities. Although the regulatory changes open up several new avenues for U.S. companies to do business in Cuba, some obstacles remain....