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2026 · ADMINISTRATIVE ACTION
Designation of persons, including GAESA, under Executive Order 14404
· In force
Acting under the authority of Executive Order 14404, the State Department designated three persons, including Grupo de Administración Empresarial S.A. (GAESA), the conglomerate that manages much of the Cuban military's business empire. The designations block the property and interests in property of the designated persons.
- Authority
- U.S. Department of State
The first designations issued under the new EO 14404 sanctions authority, applying the sector- and entity-based framework established the previous week.
Topics
- Finance
- Banking
- Trade
Sources
- U.S. Sanctions Target Cuba's Military Regime, Elites (designation action) — U.S. Department of State (primary)