US imposes more sanctions on Cuba

WASHINGTON, Aug 20 (Reuters) - ‌The U.S. ​imposed ​new Cuba-related sanctions on Thursday, designating nine entities and three individuals for alleged ‌malign activities directed at the United States.

The ⁠sanctions targeted the leadership of the Cuban Institute of ‌Friendship with the Peoples (ICAP) ‌and designated nine Cuban entities, including the Ministry of Construction of Cuba, for supporting the ​island nation's government.

Secretary of State Marco Rubio said in a statement that the sanctions ⁠targeted ICAP for sponsoring "a vast subversive network in the United States ​aimed at identifying, cultivating, and radicalizing subversives, largely operating under the pretext of ​educational or cultural exchange."

Rubio said ‌in recent days, Cuba tried to use Fidel Castro's 100th birthday to ⁠activate this network to bring sympathizers to Havana to network with government officials.

"Today's designations make clear that ⁠the Trump Administration will not tolerate the Cuban regime's ​efforts to fund its repression or continue its decades-long campaign of subversive anti-American activities," he said.

Thursday's actions followed ‌an executive order by President Donald Trump in May that broadened sanctions against ‌Cuban government officials, security forces and their ⁠supporters.

The sanctions also targeted ‌entities associated with ​Cuba's metals and mining sector.

(Reporting by Ismail Shakil, Katharine Jackson; Editing by Rod ‌Nickel)

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• U.S. debt tops $40 trillion
• US hits Hezbollah with fresh sanctions, emphasizing ties to Iranian government
• UN candidate Baki vows focus on conflict prevention, UN renewal