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U.S. sanctions grandson of former Cuban President Raúl Castro

From Cooperativa · () Spanish

Translated from Spanish and summarized by DistantNews. Read the original for the full story.

At a glance

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  • The U.S. Treasury Department sanctioned Fidel Ernesto Castro Calis, grandson of former Cuban President Raúl Castro, under Washington’s economic, commercial and financial embargo on Cuba.
  • The Office of Foreign Assets Control also added the Banco Exterior de Cuba, Comercial Cupet, Nicarotec, Abapet and Cexni to its sanctions list.
  • The targeted state-run entities handle banking, petroleum trade, logistics, energy infrastructure equipment and raw-material or machinery imports for nickel and cobalt processing.

The U.S. Treasury Department has placed Fidel Ernesto Castro Calis, grandson of former Cuban President Raúl Castro, on its sanctions list as Washington continues enforcing its embargo against Cuba.

The Office of Foreign Assets Control, known as OFAC, also targeted several entities linked to Cuba’s state authorities. They include the Banco Exterior de Cuba, or BEC, which is based in Havana, and Comercial Cupet, responsible for foreign-trade operations involving the import and export of goods and services for the petroleum sector.

The measures also cover Nicarotec, Abapet and Cexni. The Cuban state companies work in the management, logistics and operation of sectors described as key to the economy, including technical and industrial activities, technology equipment for energy infrastructure, and the import of raw materials and machinery used to process nickel and cobalt.

About this summary

Originally published by Cooperativa in Spanish. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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