ABSTRACT

Serial No. 114-51: Future of Property Rights in Cuba: Hearing Before the Subcommittee on the Western Hemisphere of the Committee on Foreign Affairs, House of Representatives, One Hundred Fourteenth Congress, First Session, June 18, 2015   [open pdf - 2MB]

This is the June 18, 2015 hearing on "Future of Property Rights in Cuba," held before the House Subcommittee on the Western Hemisphere. From the opening statement of Albio Sires: "Before the expropriation began, over two-thirds of the Cuban economy was owned by private entities, many of whom were Americans. The Castro brothers started taking ranches and farms just months after Castro came into power and quickly moved to U.S.-owned oil refineries and other properties. Castro seized everything in sight, including 2 million acres of land, electric companies, the mining industry, warehouses, hotels, private properties, and bank accounts. Additionally, they seized almost all assets of Cuban nationals between 1959 and 1968. The Foreign Claims Settlement Commission has certified over 5,000 claims and, when combined with interest, total almost $8 billion. As the administration continues to normalize relationships with Cuba, we must take time to reexamine these claims and see how we can get justice for these claimants before further inroads are made between Cuba and the U.S." Statements, letters, and materials submitted for the record include those of the following: Mauricio Tamargo, David Bradleey, Javier Garcia-Bengochea, Carolyn Chester Lamb, Amy Rosoff, and Anna-Lee Stangl.

Report Number:
Serial No. 114-51
Publisher:
Date:
2015
Copyright:
Public Domain
Retrieved From:
Government Printing Office: http://www.gpo.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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