• Submitted by: admin
• Caribbean
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• international
• North America
• United States
• Business and Economy
• Politics and Government
• 03 / 12 / 2009

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According to Prensa Latina news agency, this new action by the US Administration takes place amidst multiple calls for Washington's revision of its hostile policy against the Caribbean nation.

OFAC fined the cheese and dairy producing company for breaking regulations of the US economic blockade and for making "wire transfer payments in which Cuba or Cuban nationals had an interest" between February 2004 and March 2007.

It is the first sanction of this type since Barack Obama took office last January, which ratifies Washington's hostile policy against Cuba.

Last January 16th, OFAC announced "legal clarifications" that established even stricter regulations on travel to Cuba that affect US travel agencies as well as charter companies and remittances.

(Juventud Rebelde)