Cuban Exiles May Sue European or Canadian Companies Doing Business in Cuba; EU Threatens WTO Case
Secretary of State Mike Pompeo said that beginning May 2, those who had property seized by the Cuban government after the Communist revolution can sue foreign companies "trafficking in property that was confiscated by the Cuban regime. Any person or…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
company doing business in Cuba should heed this announcement," he said April 17. The right to sue foreign companies had been suspended for more than 20 years, and European diplomats warned Pompeo ahead of the announcement "the extraterritorial application of unilateral restrictive measures, such as the LIBERTAD Act, is contrary to international law." Trade Minister Cecilia Malmstrom said that if he went through with the plan to allow these lawsuits, the EU may launch a World Trade Organization case, and would allow EU companies to file counterclaims in EU courts against Americans bringing suit.