The US Treasury announced a large-scale tightening of sanctions against Cuba
The U.S. Treasury announced the tightening of sanctions against Cuba. From September 30, restrictions come into force, including secondary sanctions for foreign banks for working with sanctioned persons, as well as mandatory freezing of accounts of Cuban entrepreneurs.
The U.S. Treasury announced the tightening of sanctions against Cuba. From September 30, restrictions come into force, including secondary sanctions for foreign banks for working with sanctioned persons, as well as mandatory freezing of accounts of Cuban entrepreneurs.
In addition, all settlements with structures controlled by the military and state security agencies of the island are completely prohibited. U.S. travel to Cuba is restricted, including visits to professional conferences and group education programs.
The new sanctions are a continuation of Washington’s pressure on Cuba. The U.S. had previously declared a state of emergency over Ganava and imposed tariffs on oil suppliers to the island. This triggered an energy crisis in Cuba with fuel shortages and power cuts on the island.
Earlier, speaking at the UN General Assembly, Donald Trump described Cuba as a “failed state”. He said the U.S. was seeking “radical change” on the island.
