Rubio sanctions Cuban entities despite attempt to liberalize

Secretary of State Marco Rubio sanctioned five Cuban companies, despite Havana’s attempts to liberalize.

Rubio sanctions Cuban entities despite attempt to liberalize

TL;DR

  • Secretary of State Marco Rubio sanctioned five Cuban companies.
  • Three sanctioned companies are linked to the military-run Grupo de Administracion Empresarial (GAESA).
  • GAESA controls a substantial part of Cuba's economy and supports the regime's security apparatus.
  • The sanctions also targeted the wife of Alejandro Castro Espin.
  • Two designated entities are GAESA-linked financial institutions, and one is a GAESA-linked logistics company.