Towards a Resolution of Outstanding Nationalization Claims Against Cuba
Article from: TDM 2 (2016), in Latin America
Introduction
On 17 December 2014, President Obama announced an agreement with Cuba to re-launch formal diplomatic relations. Seven months later, Washington and Havana formally restored diplomatic relations, officially putting an end to fifty years of severed ties. Then on 8 December 2015, U.S. and Cuban officials sat down for the first time to outline the respective multi-billion dollar claims each nation has against the other. Those claims relate to Castro's seizure of U.S. assets on the island more than fifty years ago, as well as the impact of the U.S. embargo and military action on the island. ...