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The Situation Room-20141217-23:20:00

at u.s. military bases. three of those spice held for more than a decade were released by the u.s. today and sent back to cuba. part of the so-called cuban five. >> these 50 years have shown that isolation has not worked. it's time for a new approach. >> reporter: as part of the deal, the u.s. will restore diplomatic ties with cuba with embassies in washington and havana, increase travel, allow business between u.s. and cuban banks, including the use of credit cards by american travelers, and allow americans to import some cuban goods, including cuban alcohol and cigars. in a rare address that aired at the same time president obama spoke, raul castro welcomed then landmark deal. >> translator: this expression

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