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U.S. Further Imposes Sanctions on More Cuban Companies

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On Monday, the U.S. government added five new Cuban enterprises to its list of corporations subject to economic sanctions, a step considered hostile and unfair in its policy toward its Caribbean close neighbor island.
 
The State Department underlines in a statement that the regulations are due to the support given by Cuba to the government of Venezuelan President Nicolas Maduro, legitimately elected last May.
 
It deliberately accuses these companies of benefiting military, intelligence agencies and security services, elements that, according to analysts, are part of the U.S. rhetoric and strategy to suffocate Cuba's economy.
 
In the same way, Washington also announced sanctions against a Russian bank that, it claims, has commercial ties with a Venezuelan state oil company.
 
An editorial in The New York Times says the measure is the latest ploy to end the financial support offered by some nations to the South American territory.
 
The U.S. Treasury Department indicates in a statement that it imposed penalties on Moscow-based Evrofinance Mosnarbank, which 'has materially aided, sponsored or provided financial, material or technological support to' Petroleos de Venezuela (PDVSA), included in January on the blacklist of President Donald Trump's administration.
 
The sanctions against Cuba are part of an upsurge in U.S. policy in recent weeks, which includes filing lawsuits against certain Cuban companies under Title III of the Helms-Burton Act.
 
That decision was accompanied by a call to foreign businessmen 'to reconsider whether they are incurring in trafficking of confiscated goods and supporting the Cuban dictatorship', their version of the nationalizations that under international law the fledging Revolution carried out in the 1960's.
 
Through its Foreign Minister Bruno Rodriguez, Cuba rejected the new hostile action of the United States and described it as an 'unacceptable threat vs. the world'. / PL

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