US Imposes New Sanctions on Cuba's Military-Run Conglomerate GAESA
The United States has announced new sanctions targeting GAESA, a Cuban conglomerate controlled by the military. GAESA was established in the 1990s and is considered a strategic response to economic challenges.
Established in the 1990s under military control, GAESA was the Cuban Armed Forces' strategic response to the economic collapse that followed the Soviet Union's fall and the tightening of U.S. sanctions in place at the time