Categories: Bureaucratic Fraud

Further Sanctions on the Cuban Regime’s Revenue Generation Network

Today, I am designating five Cuban entities generating revenue for the Cuban regime, including three associated with the previously designated Grupo de Administración Empresarial S.A. (GAESA), and one member of the extended Castro family pursuant to President Trump’s Executive Order (E.O.) 14404 of May 1, 2026, “Imposing Sanctions on Those Responsible for Repression in Cuba and for Threats to United States National Security and Foreign Policy.”

GAESA continues to operate as the financial muscle behind the Cuban regime’s repressive security apparatus. Two of the entities designated today are GAESA-linked financial institutions associated with moving money on the regime’s behalf, and one is a GAESA-linked logistics company that executes the regime’s bidding across the island. I am also designating two additional entities generating revenue for Cuba through the exploitation of the island’s mineral and metal reserves, including Cuba’s state-owned GeoMinera. Finally, I am designating the wife of Alejandro Castro Espín, who himself was previously designated pursuant to E.O. 14404. These entities and actors fund, facilitate, or benefit from the regime’s malign activities, both in Cuba and across our hemisphere.


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