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US Issues New Cuba-Related Sanctions, Treasury Department Website Shows

WASHINGTON, May 7 (Reuters) – The ⁠U.S. ⁠has imposed sanctions ⁠on one person and additional ​sanctions on two entities related to Cuba, ‌according to a notice ‌posted on the U.S. ⁠Treasury ⁠Department’s website on Thursday.

The State Department said the ​sanctions target Grupo de Administracion Empresarial S.A. (GAESA), a conglomerate involved in all sectors of ​Cuba’s economy and controlled by its military; ⁠Ania ⁠Guillermina Lastres Morera, ⁠the ​executive president of GAESA; and MNSA, Moa Nickel ​SA, a ⁠joint venture between Toronto-based Sherritt International Corp and Cuba’s state-owned nickel company.

U.S. President Donald Trump’s administration has ramped ⁠up pressure on Cuba this year, halting shipments ⁠of oil from Venezuela, which was Havana’s longtime top supplier, and threatening to intensify economic sanctions on the Communist-ruled island.

Sherritt said in a statement on its website on Thursday that it had suspended its direct ⁠participation in joint venture activities in Cuba, effective immediately.

(Reporting by Daphne Psaledakis and Ismail Shakil; additional reporting by ​Patricia Zengerle; editing by Michelle Nichols ​and Paul Simao)

Copyright 2026 Thomson Reuters.

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