America's relations with Cuba may soon be stronger than they have been in decades.

President Barack Obama said Thursday the review of America's State Sponsors of Terror list, which lists countries that condone terrorism, has been completed. As NBC News points out, Cuba is currently on the list, alongside Iran, Syria and Sudan.

"It is now forwarded to the White House," Obama said of the list. "Our interagency will go through the entire thing with a recommendation. That hasn't happened yet."

He added that "as circumstances change, that list will change as well." 

NBC News reported that Obama was expected to announce his approval of the State Department recommendation to remove Cuba from the State Sponsors of Terror on Thursday afternoon. The president made no such announcement, but all signs point to Cuba finally getting taken off the list. 

At the Summit of the Americas this weekend in Panama, Obama is expected to meet with Cuba President Raul Castro as a sign of the countries mending what has been a rocky relationship since the Cold War. Previously, America had kept Cuba from attending Summit of the Americas events.

According to NBC News, Obama said that while relations with Cuba are on the mend, Americas policies towards Latin America are already better then they've been "in many decades."

"We are inextricably linked by ties of family, commerce, culture, shared values and our aspirations for the future," Obama said. "We're bound by tens of millions of Hispanic-Americans, the fastest-growing group in America that will only become more influential in the decades ahead."