Is Cuba still on the OFAC list?

OFAC administers a number of different sanctions programs….Sanctions Programs and Country Information.

Is Cuba on the SDN list?

Although the SDN listing is more broadly restrictive, being placed on the State Department’s Cuba Restricted List means that direct financial transactions with such listed entities are restricted and certain license exceptions do not apply.

Is Cuba an OFAC sanctioned country?

Currently, sanctioned countries include the Balkans, Belarus, Burma, Cote D’Ivoire (Ivory Coast), Cuba, Democratic Republic of Congo, Iran, Iraq, Liberia, North Korea, Sudan, Syria, and Zimbabwe. The list of sanctioned countries is updated periodically and is available here.

Who is on the OFAC list?

OFAC publishes lists of individuals and companies owned or controlled by, or acting for or on behalf of, targeted countries. It also lists individuals, groups, and entities, such as terrorists and narcotics traffickers designated under programs that are not country-specific.

What is prohibited in Cuba?

Cuba prohibits the import of all meat products and fruit. If you arrive in Cuba with any meat or fruit, it will be confiscated and destroyed. Avoid military zones and other restricted areas. Be particularly careful when taking photographs or videos in these areas, which are not always clearly signposted.

What are the 6 sanctioned countries?

The Bureau of Industry and Security (BIS) implements U.S. Government certain sanctions against Cuba, Iran, North Korea, and Syria pursuant to the Export Administration Regulations (EAR), either unilaterally or to implement United Nations Security Council Resolutions.

Who is subject to OFAC?

All U.S. persons must comply with OFAC regulations, including all U.S. citizens and permanent resident aliens regardless of where they are located, all persons and entities within the United States, all U.S incorporated entities and their foreign branches.

What are the three sanctions lists?

What Are The Sanction Lists?

• United Nations Sanctions (UN)
• US Consolidated Sanctions (US Sanction Lists)
• OFAC — Specially Designated Nationals (SDN)
• Office of the Superintendent of Financial Institutions (Canada)
• Bureau of Industry and Security (US)
• Department of State, AECA Debarred List (US)

Is Cuba a strict country?

Cuba has strict laws on the use, possession or trafficking of illegal drugs. Cuban courts are handing out severe penalties for those convicted of drugs-related offences. Pack all luggage yourself and don’t carry items for anyone else. The Cuban authorities take a serious view of any breach of their immigration rules.

What does the United States do for Cuba?

The U.S. government seeks to promote human rights, religious freedom, and democracy, encourages the development of telecommunications and the internet in Cuba, supports the growth of Cuba’s nascent private sector and civil society, and engages in areas that advance the interests of the United States and the Cuban people.

Are there any direct financial transactions with Cuba?

Direct financial transactions with certain entities and sub-entities under the control of, or acting for or on behalf of, the Cuban military, intelligence, or security services are also generally prohibited.

Where can I find guidance on Cuba sanctions?

These Frequently Asked Questions provide an overview of OFAC’s regulations with regard to the Cuba sanctions. OFAC offers guidance on a variety of subjects related to the Cuba sanctions. Most of this guidance is specific in nature. General guidance on the Cuba sanctions can be found in the Sanctions Brochures section at the top of this page.

How much does the United States export to Cuba?

Although economic sanctions remain in place, the United States is the largest provider of food and agricultural products to Cuba, with exports of those goods valued at $220.5 million in 2018.