Gaysa Bloc: Trump’s Sanctions Target Cuban Military

A report discusses the "Gaysa" economic and military bloc affiliated with the Cuban army, which has been subjected to U.S. sanctions. The bloc has begun divesting from some of its companies to avoid targeting foreign companies doing business with it, following U.S. sanctions imposed under Trump's decree in May 2020. These sanctions led to a reduction in European and Canadian company activities in sectors such as real estate, tourism, and ports, including the transfer of ownership of "Terminals de Contenedores Mariel" to a subsidiary of the Cuban Ministry of Transport. As a result, container shipments between Europe and Cuba were temporarily suspended. Additionally, "Gaysa" relinquished its stake in the Miramar Trade Center, noting that the bloc was established in the 1990s to support the Cuban economy and generate hard currency.

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