US escalates economic campaign against Cuba and targets China-based suppliers
The new measures target electronics, manufacturing, marine and technology firms and freeze assets tied to 10 people, companies and ships, officials said.
- The Trump Administration sanctioned 10 individuals and entities alongside five crude oil tankers on Thursday to disrupt financial pipelines sustaining Cuba's military leadership under Executive Order 14404.
- Secretary of State Marco Rubio targeted GAESA, the military-run conglomerate dominating roughly half the Cuban economy, after investigators linked GAESA official Guillermo Faustino Rodriguez Lopez Calleja to offshore outfits moving vital crude shipments in and out of Havana.
- Treasury Department broadened sanctions to include China-based equipment dealers and Any Rodriguez Lastres, daughter of GAESA President Ania Guillermina Lastres Morera, freezing assets while warning international firms against dealings with the blacklisted network.
- Ordinary Cubans continue enduring routine electrical blackouts and bare grocery shelves as the economy remains in freefall, while international firms dealing with the blacklisted network face exclusion from the global dollar system.
- The Trump Administration framed the penalties as a domestic security matter, stating "The Trump Administration will not stand by while the Cuban regime funnels the island's resources to its military elite," while accusing The Marxist regime of enabling foreign anti-American actors.
33 Articles
33 Articles
Today, Thursday, the United States announced the imposition of a new package of sanctions against Cuba, targeting a crude oil shipping network and associated individuals and entities, in a step that coincides with procedures for the imposition of additional restrictions on Cuban economic sectors, including electronics, manufacturing, shipping and technology.
The sanctions are to be applied to the electronics, manufacturing, shipping and technology sectors.
Clarin
Independent EspañolWashington tightens sanctions against key sectors in Cuba, seeking to pressure Havana in the midst of a severe economic crisis.The measures affect Chinese companies linked to Cuban military forces, intensifying global tensions and blackouts on the island.
Among the seven companies concerned is an operator of oil tankers, Caroil, registered in Cyprus and with three ships owned by him, as well as Tentacool, registered in Panama, International Maritime and Petromarca, with two vessels in their possession.
Washington, Nov 5 (EFE).- The United States announced on Thursday new sanctions against two individuals and eight entities, two of them Chinese, considering that they have links with elites in Cuba, as well as with networks that move oil to and from the island or provide military material to the Cuban army. The new package of sanctions of [...] The U.S. entry sanctions 8 companies and 2 people for providing oil or military material to Cuba was f…
This new wave of economic pressure on Havana includes for the first time two Chinese companies in the electronic sector, CEIEC and Beijing H&C Technologies, which Washington accuses of selling defense materials and security systems to Cuba. "Cuba's ruling elite hoards the island's energy and maritime transportation resources for their own enrichment, letting the Cuban people face blackouts, fuel shortages and a stagnant economy. To keep this sys…
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