Obama: US Ending Outdated Approach To Cuba
President Barack Obama says the U.S. will end its outdated approach to Cuba that has failed to advance U.S. interests.
Obama is announcing Wednesday that the U.S. and Cuba have agreed to re-establish diplomatic relations and open economic and travel ties.
Obama says the U.S. is changing its relationship with Cuba. He says it's the most significant change in U.S. policy toward Cuba in more than 50 years.
Obama says the U.S. will now begin to normalize its relations with Cuba and begin a new chapter. He says the U.S. intends to create more opportunities for Americans and Cubans to work together.