U.S. Treasury and Commerce Slap More Sanctions on Cuba

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Saturday, June 8, 2019
Bruce Zagaris

On June 4, 2019, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued amendments to the Cuban Assets Control Regulations (CACR) to further implement the President’s foreign policy on Cuba. These amendments complement changes to the Department of Commerce’s Bureau of Industry and Security (BIS) Export Administration Regulations (EAR), which Commerce is also unveiling today.  These regulatory changes were announced on April 17, 2019 and include restrictions on non-family travel to Cuba. These actions continue to strengthen sanctions against Cuba in the implementation of the National Security Presidential Memorandum (NSPM) signed by the President on June 16, 2017 titled “Strengthening the Policy of the United States Toward Cuba.”  These policies continue to work to channel economic activities away from the Cuban military, intelligence, and security services.  The Treasury changes took effect on June 5, 2019 when the regulations were published in the Federal Register.