OFAC Expands Cuba Sanctions to Electronics, Manufacturing, Marine, and Technology Sectors
On November 5, 2026, the Office of Foreign Assets Control (OFAC) determined that the sector-based sanctions authority under Executive Order (E.O.) 14404 now applies to the electronics, manufacturing, marine, and technology sectors of the Cuban economy. This means that any foreign person, including companies and individuals, determined by the State Department or Treasury to operate or have operated in these sectors is now exposed to blocking sanctions. This expansion adds to the five sectors already named in the Executive Order: energy, defense and related materiel, metals and mining, financial services, and security. The determination also clarifies that past activity in these sectors falls within the scope of the authority. The same day, the State Department designated Cuban and third-country entities, including two Chinese electronics companies, under E.O. 14404.
