The United States is working on a plan to enable remittances to be sent to the Cuban people without the Castro regime being able to confiscate a portion of those currencies.

(Washington Post)

Joe Biden asked the Treasury, within a month, to make recommendations to him on “how to maximize the flow of remittances to the Cuban people, without the military taking part.”

Last November, under the government of former President Donald Trump (2017-2021), Washington banned the sending of remittances to Cuba, a decision that kept Biden in place and put further economic pressure on the island.

A US official told reporters on Friday that The White House wants to make sure first that the Havana government does not keep a portion of the money, which is difficult to guarantee.

Analyst Manuel Orozco, a member of the American Dialogue Organization, explained in an interview with the program CNN Café That more than 60% of remittances sent to Cuba are done informally, through what are known on the island as “mules” or “travelers”, and do not contribute money to the government. “There are about 800,000 transfer transactions per month, of which about 300,000 are done officially, through media outlets such as Western Union or MoneyGram, among others,” he said. “The government is left, with these transactions, about $2 each, i.e. it may make a maximum of $1 million per month.”

Orozco asserts that official remittances are also under the control of Fincimex, a financial company affiliated with the State of Cuba. The United States imposed sanctions on it in 2020, which is why the transfers have been affected by recent Washington policy.

According to estimates by the Inter-American Dialogue Organization, in 2019 the Washington-based Cuban International Affairs Research Center received remittances worth more than 2055 million US dollars, which represents 2% of Cuba’s GDP.

See also  Argentina promotes the meeting of the Community of Latin American and Caribbean States in parallel with the Summit of the Americas | To make room for Cuba, Venezuela and Nicaragua and demand a change in US policies.

Biden also indicated that they are “working” to increase the number of embassy staff in Cuba., which was downgraded after, in 2017, nearly thirty US diplomats experienced some mysterious “health incident” whose motives have not yet been clarified.

Referring to the Internet, the Democratic leader asserted that they are looking at “all available options” to ensure Cubans have full access to that service, and to allow people to “evade censorship.” “You always know something is wrong when a country doesn’t allow its people to be online and make their case around the world,” Biden stressed.

Joe Biden (Reuters)
Joe Biden (Reuters)

Yesterday, the United States announced more sanctions against the Cuban regime, this time against the National Revolutionary Police (PNR) and two of its leaders.After the July 11 protests.

The US Treasury has sanctioned Oscar Callejas Valcars, director of the Pakistan National Registry, and his deputy, Eddy Sierra Arias, for their alleged role in suppressing unprecedented anti-government demonstrations in the Caribbean nation.

Sanctions prohibit any assets that Caligas, Sierra, or PNR members may have under US jurisdiction, and prohibit those in the US from negotiating with them, based on US Magnitsky Act.

Yesterday was the second round of sanctions imposed by the Biden government, after the Treasury last Thursday announced measures against the Minister of the Cuban Revolutionary Armed Forces, Alvaro Lopez Meira, and an elite military unit known popularly as “The Blacks.” Wasps” or “black berets”.

“We hold the system accountable,” Biden said hours later, receiving a group of Cuban Americans at the White House on Friday.

See also  Dictator Nicolás Maduro has arrived in Brazil to meet with Lula da Silva

In addition, he promised more sanctions “unless there is a fundamental change in Cuba,” and predicted among the beneficiaries “people who commit violations of the system.”

Read on:

Freddie Dawson

"Beer specialist. Award-winning tv enthusiast. Bacon ninja. Hipster-friendly web advocate. Total social media junkie. Gamer. Amateur writer. Creator."

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top