{"id":209885,"date":"2019-11-28T16:00:10","date_gmt":"2019-11-28T21:00:10","guid":{"rendered":"https:\/\/oncubanews.com\/en\/?p=209885"},"modified":"2019-11-28T16:00:10","modified_gmt":"2019-11-28T21:00:10","slug":"u-s-sanctions-cuban-company-for-operating-with-venezuela","status":"publish","type":"post","link":"https:\/\/oncubanews.com\/en\/cuba-usa\/u-s-sanctions-cuban-company-for-operating-with-venezuela\/","title":{"rendered":"U.S. sanctions Cuban company for operating with Venezuela"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The <\/span><a href=\"https:\/\/oncubanews.com\/tag\/estados-unidos\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">U.S.<\/span><\/a><span style=\"font-weight: 400;\"> Department of the Treasury announced this Tuesday new sanctions against the state-owned Cubametales company, by <\/span><a href=\"https:\/\/oncubanews.com\/tag\/relaciones-cuba-ee-uu\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">punishing<\/span><\/a><span style=\"font-weight: 400;\"> the also Cuban company Corporaci\u00f3n Panamericana, which it accused of being used as an intermediary for the purchase of Venezuelan oil.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cCuba has played a direct role in\u00a0preventing the return of democracy to\u00a0<\/span><a href=\"https:\/\/oncubanews.com\/tag\/venezuela\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Venezuela<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0Treasury continues to pursue\u00a0sanctions evaders\u00a0to deny (the arrival of) resources to the\u00a0illegitimate Venezuelan regime,\u201d said Treasury Deputy Secretary Justin G. Muzinich in a <\/span><a href=\"https:\/\/home.treasury.gov\/news\/press-releases\/sm837\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">press release<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p>https:\/\/twitter.com\/USTreasury\/status\/1199349938955661313?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1199349938955661313&#038;ref_url=https%3A%2F%2Foncubanews.com%2Fcuba%2Feeuu-sanciona-a-empresa-cubana-por-operar-con-venezuela%2F<\/p>\n<p><span style=\"font-weight: 400;\">The government of U.S. President <\/span><a href=\"https:\/\/oncubanews.com\/tag\/donald-trump-es\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Donald Trump<\/span><\/a><span style=\"font-weight: 400;\"> imposed sanctions in July this year against Cubametales, the company responsible for guaranteeing all imports and exports of fuels to and from Cuba, whose main supplier is Venezuela.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Since then, and due to the increasing pressures from these sanctions, the Treasury underlined in its release, Cubametales \u201crepeatedly offered Corporacion Panamericana S.A. as an intermediary to continue operations and circumvent sanctions\u201d and has shifted employees from one company to another.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As a result of this measure, assets that the company may have under U.S. jurisdiction <\/span><a href=\"https:\/\/oncubanews.com\/tag\/embargo\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">are frozen<\/span><\/a><span style=\"font-weight: 400;\"> and financial transactions with U.S. entities are forbidden.<\/span><\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"BNBD82reX3\"><p><a href=\"https:\/\/oncubanews.com\/cuba-ee-uu\/eeuu-sanciona-a-empresas-de-chipre-y-panama-por-llevar-petroleo-a-cuba\/\">EEUU sanciona a empresas de Chipre y Panam\u00e1 por llevar petr\u00f3leo a Cuba<\/a><\/p><\/blockquote>\n<p><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"\u00abEEUU sanciona a empresas de Chipre y Panam\u00e1 por llevar petr\u00f3leo a Cuba\u00bb \u2014 OnCubaNews\" src=\"https:\/\/oncubanews.com\/cuba-ee-uu\/eeuu-sanciona-a-empresas-de-chipre-y-panama-por-llevar-petroleo-a-cuba\/embed\/#?secret=32Cb1EJNmg#?secret=BNBD82reX3\" data-secret=\"BNBD82reX3\" width=\"500\" height=\"282\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p><span style=\"font-weight: 400;\">Since his arrival at the White House, in January 2017, Trump has increased pressure on Caracas and imposed economic sanctions on more than a hundred officials and senior officials close to Venezuelan President Nicol\u00e1s Maduro, including his wife, First Lady Cilia Flores.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It has also targeted Venezuela&#8217;s main source of income, oil, with strong sanctions against the state oil company PDVSA.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Venezuela has been experiencing a prolonged period of political tension since January, when Maduro swore a new 6-year term in office, which neither the opposition or part of the international community recognize and, in response, opposition leader Juan Guaid\u00f3, chairman of Parliament, proclaimed himself as the country\u2019s interim president.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The United States was the first nation to recognize Guaid\u00f3 as the interim head of state, followed by half a hundred countries, most from Latin America. In turn, Cuba has maintained its support for the government of Nicol\u00e1s Maduro, who also has the support of nations such as Russia, China and Nicaragua.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. Department of the Treasury announced this Tuesday new sanctions against the state-owned Cubametales company, by punishing the also Cuban company Corporaci\u00f3n Panamericana, which it accused of being used as an intermediary for the purchase of Venezuelan oil. \u201cCuba has played a direct role in\u00a0preventing the return of democracy to\u00a0Venezuela.\u00a0Treasury continues to pursue\u00a0sanctions evaders\u00a0to [&hellip;]<\/p>\n","protected":false},"author":3606,"featured_media":209886,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13944],"tags":[14891,20333],"ppma_author":[33548,17270],"class_list":["post-209885","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cuba-usa","tag-cuba-usa-relations","tag-u-s-sanctions-against-cuba"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>U.S. sanctions Cuban company for operating with Venezuela | OnCubaNews English<\/title>\n<meta name=\"description\" content=\"As a result of this measure, assets that the company may have under U.S. jurisdiction are frozen and financial transactions with U.S. entities are forbidden.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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