US Trade Sanctions against Cuba

Emrah Degismen

Brief HistoryEmbargo against Cuba

Economic

Financial

Commercial

Began in 1960

StatuesTrading with the Enemy Act of 1917,

The Foreign Assistance Act of 1961,

The Cuba Assets Control Regulations of 1963,

The Cuban Democracy Act of 1992,

The Helms–Burton Act of 1996, and

The Trade Sanctions Reform and Export Enhancement Act of 2000.

Obama Administration on Cuban Embargo

Pressured Cuba;

Open its society

Allow Cuban-American family travel between the

two countries

Opportunity to engage in business activities

Cuban Embargo…At Present

Still in effect

Most enduring trade embargo in modern history

Limited economic exchange

References “Cuban Democracy Act of 1992". U.S. Department of State. Retrieved

November 9, 2014, available at http://www.state.gov/www/regions/wha/cuba/democ_act_1992.html (describing the purpose of the "Cuban Democracy Act of 1992” as maintaining sanctions on Cuba so long as the Cuban government refuses to move toward democratization and greater respect for human rights)

“End embargo on Cuba, US is urged". BBC News. September 2, 2009. Retrieved on November 10, 2014, available at http://news.bbc.co.uk/2/hi/8232907.stm (The US should lift sanctions on Cuba as a prelude to dropping its "immoral" trade embargo against the island, Amnesty International has urged).

Thompson, Ginger; Barrionuevo, Alexei (19 April 2009). "Rising Expectations on Cuba Follow Obama". The New York Times. Retrieved November 10, 2014, available at http://www.nytimes.com/2009/04/19/world/americas/19diplo.html?_r=2&hp& (President Obama taking steps toward Cuba, and stating the Cubans have the ball. It is their chance to open their closed society, allow American companies to operate in the island.

"CIA's The World Factbook". Cia.gov. Retrieved November 9, 2014, available at https://www.cia.gov/library/publications/the-world-factbook/geos/cu.html (describing facts regarding Cuban economy, government, communications, energe, geography, people and society)