haven t: The Trump administration announced last week that it would allow Americans to sue foreign companies whose partnerships with the Cuban government make use of commercial and industrial properties confiscated from Americans in Cuba's 1959 revolution, according to The Japan Times. The measure also allows suits by the large number of Cubans who fled the island and later became Americans. There's enormous worry, Ambassador Alberto Navarro told The Associated Press. ; There are businesspeople who've been here 20, 30 years, who've made bets on investing their financial resources in Cuba to stimulate commerce, tourism, international exchange, and many of them tell me that they haven't lived through a similar situation, Navarro said in an interview at the EU embassy Tuesday afternoon. The first lawsuits can be filed starting May 2. I think I have said with great clarity, any country can adopt whatever legislation it wants, and apply the law within its own country, we can criticize whether we like it or not. Navarro said the European Union will vigorously defend European companies doing business in Cuba in court and before the World Trade Organization.
(news.financializer.com). As
reported in the news.
Tagged under haven t, cuban government topics.