Cuba and U.S. Discuss $1.9 Billion in Property Claims
The Washington Post is reporting that U.S. and Cuban officials met in Havana on Tuesday to begin negotiating a possible settlement for $1.9 billion worth of American assets seized by Fidel Castro’s government in the early 1960s, as well as other claims built up over years of strained relations.
“The talks were a breakthrough and would have been hard to imagine before President Obama and Cuban President Raúl Castro announced plans last December to normalize relations.” reports writer Nick Miroff.
The report explains that the 50 largest U.S. claims against Cuba account for more than three-quarters of the $1.9 billion, and most are corporate grievances.
