03/06/2026
📌 Statement by the Revolutionary Government
Cuba, the G*E and the United States: Anatomy of a State Slander
The G*E is neither an opaque structure nor one operating parallel to the Cuban State; on the contrary, it has been a coordinated and demonstrably efficient response to the economic siege that has historically sought to suffocate the Cuban Revolution.
The Government of the United States has once again acted with deliberate intent in its effort to manufacture pretexts to discredit the Cuban Revolution, its historic leadership, its current leaders and, in doing so, to mislead both our people and international public opinion.
All of this follows a roadmap designed by ideologues of the Cuban-American far right, who pride themselves on being creative and unpredictable. Their strategy is centered on the use of tools aimed at intensifying, to an extreme and unprecedented degree, the policy of maximum pressure.
The most recent sanctions against Cuba, announced on May 1, are part of that plan. Executive Order 14404 identifies the Business Administration Group (G*E) as a target, this time in conjunction with so-called secondary sanctions directed at any foreign actor conducting operations of any kind with this Group, with particular emphasis on exerting pressure against financial institutions.
This represents the most intense, disproportionate and dangerous escalation in the recent history of relations between Cuba and the United States.
The deliberate objective is to isolate the country diplomatically, commercially, financially and energetically; to undermine the nation’s sustainability; to condition dialogue; and to assess options for military aggression. They seek to build and consolidate a narrative of reputational discredit against all the institutions that sustain our social project.
The G*E was created during the Special Period to confront the economic war, guided by a creative, independent, indigenous and genuinely Cuban vision. Its objective has always been to bring together enterprises capable of generating foreign currency and resources required by the State to preserve and expand social achievements while contributing to the development of key sectors and branches of national life.
The services rendered to the Homeland by the Business Administration Group are countless. The material and financial contributions of this organization can be seen in numerous examples: the construction of more than 10,000 homes in various provinces across the country; the establishment of a children’s camp and vacation programs for Cuban youth; and the support provided to the Cuban economy during the years of the COVID-19 pandemic.
The fruits of this business activity have also been directed toward investments in the Lidio Ramón Pérez (Felton) thermoelectric plant in Holguín, as well as the design and consolidation of major hydraulic works, including the East-West and North-South water transfer projects benefiting millions of Cubans. Investments and repairs carried out in polyclinics, family doctor offices and schools are also evidence of this contribution. All of these activities have been systematically reported to the leadership of the Party, the State and the Government and, in every case, have been subject to the highest levels of oversight and auditing by the competent authorities and mechanisms.
The G*E is not an opaque structure, nor does it operate parallel to the Cuban State; rather, it has been a coordinated response of proven efficiency to the economic blockade that has historically sought to suffocate the Cuban Revolution.
As stated by the First Secretary of the Central Committee of the Party and President of the Republic, Miguel Díaz-Canel Bermúdez, at the 8th Party Congress, the business improvement process first developed within the Revolutionary Armed Forces constitutes a truly historic experience that subsequently served the entire country, with remarkable results contributing to the national economy.
Over the past 30 years, thousands of men and women have served as discreet guardians of the nation’s resources and deserve recognition. Although their work has not been sufficiently told, it speaks for itself and rises above the state slander orchestrated from Washington.
Today, as the will of the Cuban people is expressed through a process of change embodied in the Government’s Economic and Social Program, this organization remains an active participant in the transformation of the country’s business system.
The G*E is not the product of secrecy, nor of elites, and even less a vehicle for the enrichment of a privileged few. On the contrary, it is one of the many examples that, throughout our journey, has enabled us to withstand the permanent aggression of the United States Government. Its history was built, in the words of the Leader of the Cuban Revolution, Army General Raúl Castro Ruz, “without the slightest desire for prominence, as serious things are done.”
Havana, June 2, 2026
“Year of the Centenary of Commander in Chief Fidel Castro Ruz”
