Helms-Burton Act

(redirected from Helms-Burton Act of 1996)

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 ?
He also recalled that once Europe had a tough position against the US sanctions on Cuba imposed by the Helms-Burton Act of 1996, when the EU resorted to legal instruments to protect its business from the outcome of the restrictive measures.
These types of trade agreements are legal and bound by the Helms-Burton Act of 1996," says a company press release.
The Helms-Burton Act of 1996 impedes foreign investment by opening U.