Change of stance? Cuba would consider compensating for properties confiscated in 1959 in negotiations with the U.S.

Carlos Fernández de CossíoPhoto © Cubadebate

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The Cuban government would be willing to consider compensations to individuals and companies from the United States for properties confiscated after the 1959 Revolution, in the context of ongoing discussions with the United States.

The information was revealed in an exclusive interview conducted in Havana by journalists Ryan Grim and José Luis Granados Ceja, published on Drop Site News, following a meeting with the Deputy Minister of Foreign Affairs, Carlos Fernández de Cossío, over the weekend.

In the conversation, the official stated that Cuba is willing to propose a "global settlement" scheme, under which the country would pay the U.S. government, which would then oversee the management of individual claims.

The outlet also reported that the full video of the interview will be published in the coming days.

Fernández de Cossío specified that this type of agreement would need to be part of a broader understanding that includes other issues under discussion between both countries.

According to data cited in the report, there are nearly 6,000 certified claims for nationalized properties in Cuba, with a value amounting to billions of dollars.

The deputy minister also stated that Cuba proposes that any negotiation should include claims from the country for damages attributed to U.S. policies over the decades.

It was also recalled that after the Revolution, Cuba reached compensation agreements with several countries, including Canada, Spain, France, and the United Kingdom, but not with the United States.

The official noted that Cuba's current capacity to handle large payments is limited, so any potential agreement would depend on changes in the economic context.

The interview takes place amid discussions between both governments, in a context marked by political tensions and economic difficulties on the island.

In that regard, the administration of President Donald Trump is said to have prepared a plan to promote a regime change in Cuba, amid a strategy that combines economic pressure, legal maneuvers, and political contacts, according to a report from the magazine The Atlantic.

The outlet, citing U.S. officials and sources with direct knowledge of the discussions, claims that the scenario for a transition on the island is already underway and could be activated at any moment.

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CiberCuba Editorial Team

A team of journalists committed to reporting on Cuban current affairs and topics of global interest. At CiberCuba, we work to deliver truthful news and critical analysis.