3 weeks ago

Cuba hit by more US sanctions despite pro-market economic overhaul

Cuba hit by more US sanctions despite pro-market economic overhaul
Cuba hit by more US sanctions despite pro-market economic overhaul amid Trump pressure - Telegraph India · telegraphindia.com

The United States and Cuba are countries that have not been friendly for a very long time.

Recently, the United States added new punishments, called sanctions, against Cuba.

These sanctions stop some Cuban people and companies from doing business with others.

The U.S. says Cuba spies on America and helps countries like Russia, China, and Iran.

At the same time, Cuba is making changes to let private businesses do more, like sell fuel and medicine or run tours for tourists.

Cuba's leader, Miguel Diaz-Canel, says these changes are for Cuba, not to make the U.S. happy.

He promised that Cuba will not sell off its hospitals, schools, science, or culture to private owners.

He also said Cuba will not become a place where only rich companies win, which he called 'predatory capitalism.'

Some people are worried about these changes, but Cuba's leader says the most important public services will stay public.

Key facts

Sanctions announced
Thursday, targeting 5 entities and 8 individuals
Sanctioned targets
GAESA subsidiaries, a military holding company, and a military aircraft repair business
Key individuals designated
Alvaro Lopez Miera (MINFAR minister), Roberto Legra Sotolongo (chief of general staff), military attaches to Russia and China
Legal basis
Executive order signed by President Donald Trump in May
U.S. Secretary of State
Marco Rubio
Cuban President
Miguel Diaz-Canel
Cuba's reform measures
Easing land-use restrictions, allowing fuel and medication imports, authorizing private tourist companies
Cuba's position
No privatization of healthcare, science, culture, or strategic services

Quotes

Miguel Diaz‑Canel

President of Cuba

“"We are not going to implement predatory capitalism or carry out a massive privatization of national assets, as some fear."”
telegraphindia.com
“"Cuba uses its military and intelligence services to spy on the U.S. and is a staging ground for Russia, China and Iran."”
telegraphindia.com

Sources

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