US sanctions Cuban conglomerate owned by Revolutionary Armed Forces
The United States Department of the Treasury has imposed sanctions on the Cuban conglomerate Grupo de Administración Empresarial S.A. This entity is controlled by the Cuban Revolutionary Armed Forces. The conglomerate manages a substantial portion of the island nation's economy. The sanctions are part of Washington's ongoing efforts to curb military influence over Cuba's commercial sector. The Treasury Department's decision took immediate effect.

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