Cuban Democracy Act

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The 1992 Cuban Democracy Act and the Cuban Liberty and Democratic Solidarity Act of 1996 (aka Helms-Burton Act) strengthened the economic embargo. [6, 49] The bills prohibited US foreign subsidiaries (a company controlled by a company based in another country) from trading with Cuba, restricted remittances (money sent as a gift) to prevent the Cuban government from accessing US currency, and allowed sanctions against companies that invested in property seized from Americans during the communist revolution. [48] Both laws were condemned by US allies such as Canada, United Kingdom, Mexico, and France. [50] Despite the embargo, Cuba managed to keep its economy afloat with $3 billion in annual aid from the USSR. [43, 44] When the Soviet Union collapsed

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