January 23, 2023
•News
Cuba: U.S. Sanctions Policy After the Embargo
By Peter Harrell
DOWNLOAD THE FULL REPORT HERE [PDF]
Since US President Barack Obama and Cuban President Raul Castro announced a historic thaw in US-Cuban relations in December 2014, both the US and Cuban governments have undertaken a series of steps to normalize diplomatic relations and to expand economic ties that had been curtailed since the early 1960s. In a new report from the Center on Global Energy Policy, author Peter Harrell, Adjunct Senior Fellow at the Center for a New American Security, argues that Congress needs to enact new legislation concerning US sanctions on Cuba that would:
The report indicates that reforms to implement modernized US sanctions on Cuba have the potential to enable additional positive social and economic changes in Cuba, provide greater economic benefits to both countries, bring sanctions into better alignment with current US interests, and harmonize sanctions on Cuba with sanctions the United States imposes on most other countries subject to US sanctions.
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