"The measures target Grupo de Administracion Empresarial SA (GAESA), a conglomerate controlled by the country's military with ties to nearly all segments of its economy. They also targeted Ania Guillermina Lastres Morera, the executive president of GAESA and Moa Nickel SA (MNSA), a joint venture between Toronto-based Sherritt International Corp and Cuba's state-owned nickel company."
"Sherritt said in a statement on its website on Thursday that it had suspended its direct participation in joint venture activities in Cuba following the sanctions. In a statement posted on X, US Secretary of State Marco Rubio said the sanctions demonstrate that the Trump Administration will not stand by while Cuba's communist regime threatens our national security in our hemisphere. We will continue to take action until the regime takes all necessary political and economic reforms, he said."
"Cuba's government did not immediately reply to the latest round of sanctions, but condemned an earlier round announced this week as unilateral coercive measures and collective punishment on the Cuban people. The Trump administration has heaped increasing pressure on Cuba's communist government following the January 3 abduction of Venezuelan leader Nicolas Maduro. Washington has since staunched Venezuelan oil deliveries to Cuba, long considered a lifeline."
"Trump also issued an executive order creating a path to sanction any country that delivers fuel to the island, effectively imposing a blockade. Trump has also repeatedly threatened military action to topple the country's g"
The United States imposed new sanctions on Cuba targeting GAESA, a military-controlled conglomerate with ties across much of the economy. The measures also targeted GAESA’s executive president and Moa Nickel SA, a joint venture involving Sherritt International and Cuba’s state-owned nickel company. Sherritt suspended direct participation in joint venture activities in Cuba after the sanctions. UN experts criticized Washington’s effective fuel blockade as tantamount to energy starvation. US Secretary of State Marco Rubio said the sanctions respond to threats to US national security and would continue until political and economic reforms occur. Cuba condemned earlier sanctions as unilateral coercive measures and collective punishment. The pressure campaign followed the January 3 abduction of Venezuelan leader Nicolas Maduro, after which the US halted Venezuelan oil deliveries to Cuba and issued an executive order enabling sanctions on any country delivering fuel to the island.
Read at www.aljazeera.com
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