Cubans expressed alarm, with one resident saying it felt as if the country had reached the “bottom of the barrel.”
  • bdonvr@thelemmy.club
    192·
    21 days ago

    The US has an embargo, but Mexico and Canada don’t.

    Technically, but the US has sanctioned companies in other countries who do business in Cuba scaring off a ton of possible choices. The companies have to choose between the richest company on earth and Cuba. Not much of a choice.

    Plus IIRC boats that go to Cuba can’t go to the US after for some period of time. Which considering location makes it hugely inconvenient for shipping companies.

    Plus since the US and US based companies control a huge portion of the world’s financial systems Cuba is locked out of all of them

    • Rapidcreek@lemmy.worldOP
      311·
      21 days ago

      A citation is needed on the first paragraph

      Barges float to Cuba from the US twice a week.

      Last paragraph is true. Cuba cannot use US banking.

      • bdonvr@thelemmy.club
        19·
        21 days ago

        There are exceptions for the very few things the US authorizes to export to Cuba, but in general:

        1. What are the “180-day rule” and the “goods/passengers-on-board rule”?

        The 180-day rule is a statutory restriction prohibiting any vessel that enters a port or place in Cuba to engage in the trade of goods or the purchase or provision of services there from entering any U.S. port for the purpose of loading or unloading freight for 180 days after leaving Cuba, unless authorized by OFAC. This restriction is applied even if a vessel has stopped in Cuba solely to purchase services unrelated to the trade of goods, such as planned ship maintenance.

        https://ofac.treasury.gov/faqs/topic/1541