The US yesterday banned from entry into the country major executives and shareholders of a Canadian mining company with investments in Cuba in a new implementation of a controversial law aimed at tightening sanctions on the Castro regime and punishing foreign companies that do business with it.
The measure, against the Sherritt International Corporation, takes effect in 45 days. It follows the despatch this week of letters to "a handful" of senior executives and shareholders, informing them that they were "trafficking in confiscated US property in Cuba", in violation of the Helms-Burton or "Liberdad" bill signed by President Bill Clinton earlier this year.
The announcement marks the first sanctions against a foreign company for owning property taken from Americans after the 1959 Cuban revolution.
The announcement comes only six days before the 16 July deadline for Mr Clinton to decide whether to waive the most bitterly contested provision of the bill, the so-called Title III that allows American citizens or companies to sue foreigners using property taken from …