Loading articles...

EU ambassador: Trump Cuba policy worries European companies

HAVANA — The European Union’s ambassador to Cuba says the Trump administration’s crackdown on business with the communist government is causing unprecedented concern among European companies doing business on the island.

Ambassador Alberto Navarro tells The Associated Press that “there’s enormous worry.”

He says: “There are businesspeople who’ve been here 20, 30 years, who’ve made bets on investing their financial resources in Cuba to stimulate commerce, tourism, international exchange, and many of them tell me that they haven’t lived through a similar situation.”

The Trump administration announced last week that it would allow Americans to sue foreign companies whose partnerships with the Cuban government make use of commercial and industrial properties confiscated from Americans in Cuba’s 1959 revolution.

The Associated Press