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today i can announce the united states has agreed to formally re establish diplomatic relations with the republic of cuba , president obama reaching an historic agreement to restore diplomatic relations and reopen embassies after fifty years of hostility , the deal follows months of talks aimed at repairing ties cut during the rise of fidel castro in the early nineteen sixties and later this summer secretary kerry will travel to havana formally , proudly raised the american flag over our embassy once more match the tonic is following the story for reuters this is one of the major achievements , that obama has sought to politician boosts his presidential legacy leading to the deal in april obama that cuban president raul castro in panama and removed a key obstacles last month when you took cuba off the list of state sponsors of terrorism , and i've been clear that we will also continue to have , some very serious differences , i will include america's and during support for universal values like freedom of speech and we will not hesitate to speak out when we see actions that contradict those values wildly at the opening of of embassies will not be a cure all for diplomatic , problems of tunes you countries , however %HESITATION u. s. companies that are interested in investing in cuba will now receive more reassurance , but they have a home , a place to take their complaints , uh at the same time this could ease , some travel by americans , but it leaves in place a fifty year economic embargo against cuba that can be lifted only by the u. s. congress