U.S. to Ban More Cuban Entities from Transactions

Featured U.S. to Ban More Cuban Entities from Transactions

The U.S. government will expand the list announced almost a year ago of Cuban entities with which U.S. citizens are prohibited from making transactions, national security advisor John Bolton reported.

During a speech given in Miami, Florida, about the increased pressure from the Donald Trump administration on Cuba, Venezuela and Nicaragua, the adviser announced more than twenty new institutions subjected to that measure.

The aforementioned list was released on November 8, 2017 as part of additional limitations imposed by Washington on travel and trade with the neighboring nation, and included about 180 entities allegedly linked to the island's defence sector and national security.

That relationship includes the Ministry of the Interior and the Ministry of the Revolutionary Armed Forces, five business groups, 83 hotels, two travel agencies, five marinas, 10 stores of different types, among other organizations of various kinds.

According to Bolton, the Presidential Memorandum of National Security on strengthening U.S. policy toward Cuba, signed by Trump in June 2017, is just the beginning of his efforts to put pressure on this country.

Although Cuba has expressed its willingness to engage in a bilateral dialogue on a basis of respect, without conditioning or impositions, the adviser said they will only approach a Cuban government that 'is ready to undertake necessary and tangible reforms.'

Leave a comment