GLOBAL ECONOMY

Obama administration removes dozens of Cuban companies from blacklist of terror supporters

President Barack Obama speaks during a joint news conference with Afghanistan's President Ashraf Ghani, Tuesday, March 24, 2015, in the East Room of the White House in Washington. President Barack Obama said the U.S. will keep just under 10,000 troops in Afghanistan through the end of 2015 at the request of Afghanistan's new president, Ashraf Ghani. (AP Photo/Susan Walsh)

President Barack Obama speaks during a joint news conference with Afghanistan's President Ashraf Ghani, Tuesday, March 24, 2015, in the East Room of the White House in Washington. President Barack Obama said the U.S. will keep just under 10,000 troops in Afghanistan through the end of 2015 at the request of Afghanistan's new president, Ashraf Ghani. (AP Photo/Susan Walsh)  (AP)

The Obama administration has removed dozens of Cuban companies from a U.S. blacklist of terror supporters and narcotics traffickers, another step in the two countries' process to improve relations.

The Treasury Department made the announcement Tuesday. Several of the firms are connected to Cuba's tourism industry, including cruise lines and tour operators. Some are in Panama, though two are in the United States. A number of vessels cleared from the list sail with Cypriot flags.

Companies and individuals on the department's "specially designated nationals" list are banned from doing business in the United States.

Washington is still weighing the bigger question of removing Cuba's government from a separate terrorism list. The Cubans are pressing for such action as the two nations negotiate terms for re-establishing embassies in each other's capitals.

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