Government undertakes to defend Spanish companies trading in Cuba

0
President Trump has activated the Helms-Burton Act Credit: Mark Reinstein Shutterstock


IT is no secret that since the reduction in tension between the USA and Cuba during the Obama administration that the Spanish Government has been encouraging companies to become involved in the Cuban economy.

Now, that Donald Trump has activated the 1996 Helms-Burton Act, there is a possibility that Spanish companies may be sued for their activities within the Caribbean nation.

There may be as many as 16 Spanish companies including Iberostar, Melia, BBVA bank which could be targeted but Spain has warned that it will challenge any and all lawsuits that may arise.

-- Advertisement --

LEAVE A COMMENT

Please enter your comment!
Please enter your name here