US Crackdown on French Firm over Cuba
HAVANA TIMES, August 18 — The US blockade on Cuba continues strong with the latest casualty being the French shipping and transport giant CMA CGM. The firm was fined US $374,400 for doing business with Washington’s eternal Cold War enemy in Havana as well as Iran and Sudan.
Under the half century blockade – which seeks to maintain a stranglehold on the Cuban economy and topple its government-, companies that do business in the US are subject to fines if they are caught also trading or providing any service to Cuba companies.
The fine is imposed by the US Treasury Department’s Office of Foreign Assets Control.