The Biden Administration's Misguided MIPYMES Exception for Cuba: A Setback for U.S. Interests and the Cuban People

MIPYMES are a sanctions evasion tool that will enrich Cuban elites and undermine U.S. national interests and security

When I was writing this, there were reports, now confirmed, that the Biden administration would license or create an exception to the embargo on Cuba that would allow transactions by persons subject to U.S. law with MIPYMES (Micro, Small, and Medium Enterprises) in Cuba. This is a terrible idea and would set back efforts to settle property claims agains…