Cuba is open to having a fluid commercial relationship with U.S. companies" and "also with Cubans residing in the United States and their descendants," Deputy Prime Minister Oscar Pérez-Oliva Fraga said in an interview in Havana.

What to know about the announcement from Havana and the reactions in South Florida.

The Cuban government is planning to allow Cuban nationals who live abroad to invest in the island, a government official told NBC News, as the country faces economic collapse and pressure from the Trump administration.

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