Helms-Burton Act


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Helms-Burton Act

Legislation in the United States, passed in 1996, that strengthened the existing trade embargo on Cuba. The U.S. had prohibited most trade with Cuba since 1960. The Act extended this prohibition to companies doing business with Cuba and to companies that use property Cuba had nationalized from American companies. The Act was quite controversial internationally.
References in periodicals archive ?
9) Only Congress has authority to lift the trade embargo provisions codified in legislation; for example, by making significant amendments to the Helms-Burton Act.
Congress also asserted growing influence with the Cuban Democracy Act of 1992 and the Helms-Burton Act of 1997 among others.
Infectious curiosity has even crept into boardrooms of American and international companies who have been kept out of Cuba or resisted engagement because of the Helms-Burton Act.
Despite the thaw in relations, the embargo, officially known as the Helms-Burton Act, remains in place barring US tourists from visiting Cuba.
He is bound in part by the Helms-Burton Act, which requires congressional approval to remove the extra-territorial nature of trade prohibitions for nations who interact with Cuba.
Clinton said he was suspending for another six months a provision in the 1996 Helms-Burton act that allows U.
The 1996 Helms-Burton Act further tightened the economic noose around Castro's failing economic policy.
embargo against Cuba, recently stiffened by the Helms-Burton Act intended to discourage foreign companies from investing in Cuba.
His specialty is filing claims under Title III of the 1996 Helms-Burton Act, which bars foreign investors from dealing in land confiscated by the Castro regime after 1959.
The Common Position could be regarded as a watered down version of US sanctions against Cuba because its adoption came after passage in the US of the 1996 Helms-Burton Act and the subsequent US campaign to enlist EU support for it.
Construction will begin in March on a 340-unit complex at Maria del Mar, 18 kms east of Havana, and at Santa Lucia, on the northeast coast, where 260 units will be built; Canadian companies doing business in Cuba risk retaliation under the Helms-Burton Act, which allows U.
trading partners that also do business in Cuba denounced the Helms-Burton Act, saying that it amounted to an attempt by Washington to regulate the commercial policies of other nations.