The United States and Cuba will begin talks to normalize relations, including opening an embassy in Havana and putting to rest one most enduring Cold War standoffs, a U.S. official said Wednesday.
The landmark initiatives appeared to be set in motion by a surprise prisoner swap that freed American contractor Alan Gross after five years in custody in Cuba. In exchange, the United States would release three Cubans jailed for espionage, the Associated Press reported.
President Obama is scheduled to speak at noon. Watch below for his press conference:
Update: The White House just released a fact sheet outlining the policy changes with Cuba: