Rubio defends new US sanctions on Cuba, targeting military-run conglomerate GAESA

Rubio defends new US sanctions on Cuba, targeting military-run conglomerate GAESA

Rubio defends new US sanctions on Cuba, targeting military-run conglomerate GAESA

2026-05-10 17:22:40

Cubans are paying a high price for the United States' long-standing sancti
sanctions on Cuba and GAESA, the country's largest military-run corporation
corporation.

The American embargo has been in place since the early 1960s, but it was no
not until the mid-2000s that GAESA began to have an impact on everyday Cuba
Cubans. The company controls a large portion of the island nation's economy
economy through its subsidiaries, which include hotel chains, restaurants, 
and tourist destinations.

GAESA has been able to take advantage of the sanctions by filling voids lef
left by US businesses. Tourists from Europe and Canada spend their money at
at GAESA properties instead of American-owned hotels or restaurants. In add
addition, many Cubans work for GAESA because they cannot find jobs elsewher
elsewhere due to lack of opportunities outside agriculture.

GAESA provides services such as transportation via its taxi service HAVTAXI
HAVTAXI (the largest taxi company in Cuba). The company also operates store
stores selling basic goods at inflated prices compared with those charged b
by state-run markets where supplies are scarce anyway.


The sanctions imposed by Washington have had a negative impact on the Cuban
Cuban people. They do not affect GAESA because it receives money from touri
tourism and sales of goods.

GAESA uses this extra income to improve living conditions for its employees
employees, while most Cubans struggle financially every day.


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Edward Lance Arellano Lorilla

CEO / Co-Founder

Enjoy the little things in life. For one day, you may look back and realize they were the big things. Many of life's failures are people who did not realize how close they were to success when they gave up.

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