The Latest About the Trump Government’s position on Cuba (all times local):
The decision to open up the door for lawsuits against companies working on properties Cuba seized following the 1959 revolution of the Trump administration is being criticized by spain.
Spain contends that the U.S. activity runs counter to international law, also says European Union countries are preparing to combat it.
Spanish businesses are one of Cuba’s main foreign investors
Even the European Union and Canada are joining forces to protect their companies after the U.S opened the door for lawsuits against foreign firms operating on possessions Cuba captured from Americans.
EU foreign policy chief Federica Mogherini (feh-deh-REE’-kah moh-gehr-EE’-nee) and Canadian Foreign Minister Chrystia Freeland state the U.S. move”to renege on its own longstanding devotion” to avert such lawful actions”is regrettable.”
Mogherini and Freeland say in a joint statement issued Wednesday they are”decided to work together to safeguard the interests” of the own companies.
They warn that both EU and Canadian laws make it possible for counter-claims against any U.S. lawsuits”therefore the U.S. choice to permit suits against foreign companies can only lead to an unnecessary spiral of legal actions.”
The decision will be a setback to the attempts to draw investment of Havana.
The door for lawsuits is opening against foreign companies operating Cuba captured from Americans after the 1959 revolution.
The decision will be a blow to Havana’s efforts to draw on foreign investment into the island.
President Donald Trump is stepping up pressure to isolate Venezuelan President Nicolas Maduro, who is holding power with help from different nations, including China Cuba and Russia.
Pompeo’s choice gives Americans the right to sue businesses which operate from tobacco mills, resorts, distilleries and other properties Cuba nationalized after Fidel Castro took power. It enables suits by Cubans who became U.S. citizens years following their properties were obtained.
Pompeo states,”Those citizens’ opportunities for prosecution have been put out of reach for two years.”
Stern responses were prompted by word of the move from Canada and Europe, that have pledged to protect their companies.