Keys to Understanding the Recent US Sanctions on Cuba The latest US Executive Order against Cuba has led to the sanctioning of Gaesa, a conglomerate controlled by the Revolutionary Armed Forces, and Moa Nickel SA. This order, signed by President Trump, threatens non-US persons and entities with asset freezes if they work for or support the Cuban government, particularly in key sectors like energy, defense, finance, mining, and security. The sanctions aim to exert broad pressure on the Cuban government, causing concern and uncertainty among international companies operating on the island, with some like Canadian firm Sherritt already suspending operations.

• The US has sanctioned Gaesa, a conglomerate controlling over 40% of Cuba’s GDP, and its president, Ania Guillermina Lastres.
• Moa Nickel SA, which exploits Cuba’s nickel and cobalt reserves, has also been sanctioned.
• Canadian company Sherritt has suspended its operations in Cuba due to the risks associated with the new US sanctions.
• Executive Order 14404, signed by President Trump, threatens asset freezes for non-US entities and individuals involved with the Cuban government, especially in key sectors.
• The Cuban government has denounced the sanctions as ‘international crimes’ and ‘genocidal,’ citing their extraterritorial reach.
• Experts view the order as a gradualist approach to pressure the Cuban government, impacting international companies operating in sectors such as energy, defense, finance, mining, and security.
• The ambiguity in the order allows for broader discretion in its application, potentially affecting companies without a physical presence on the island. https://despacho505.com/internacionales/61597-cuba-sanciones-estados-unidos/