US President Joe Biden is opening a new chapter in Cuba policy and correcting the tough course taken by his predecessor Donald Trump.

The US will ease some Trump-era restrictions on remittances to loved ones and speed up visa processing for Cubans, government officials said Monday.

Up to 20,000 visas for Cubans are to be issued annually.

As part of the overhaul of Trump's measures, the cap on remittances to relatives, previously capped at $1,000 per quarter, will be lifted and donations to non-family members will be approved.

"We will ensure that remittances to the Cuban people flow more freely while not enriching those who commit human rights abuses," the officials said.

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US companies and citizens who are on the sanctions list for ties to the Cuban government or military are still banned from doing business.

Traveling to the island should also be simplified.

During his tenure, Trump had withdrawn most of the easing measures his predecessor Barack Obama had taken against the communist-ruled Caribbean state.