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§ 6081. —  Findings.



[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 22USC6081]

 
               TITLE 22--FOREIGN RELATIONS AND INTERCOURSE
 
     CHAPTER 69A--CUBAN LIBERTY AND DEMOCRATIC SOLIDARITY (LIBERTAD)
 
SUBCHAPTER III--PROTECTION OF PROPERTY RIGHTS OF UNITED STATES NATIONALS
 
Sec. 6081. Findings

    The Congress makes the following findings:
        (1) Individuals enjoy a fundamental right to own and enjoy 
    property which is enshrined in the United States Constitution.
        (2) The wrongful confiscation or taking of property belonging to 
    United States nationals by the Cuban Government, and the subsequent 
    exploitation of this property at the expense of the rightful owner, 
    undermines the comity of nations, the free flow of commerce, and 
    economic development.
        (3) Since Fidel Castro seized power in Cuba in 1959--
            (A) he has trampled on the fundamental rights of the Cuban 
        people; and
            (B) through his personal despotism, he has confiscated the 
        property of--
                (i) millions of his own citizens;
                (ii) thousands of United States nationals; and
                (iii) thousands more Cubans who claimed asylum in the 
            United States as refugees because of persecution and later 
            became naturalized citizens of the United States.

        (4) It is in the interest of the Cuban people that the Cuban 
    Government respect equally the property rights of Cuban nationals 
    and nationals of other countries.
        (5) The Cuban Government is offering foreign investors the 
    opportunity to purchase an equity interest in, manage, or enter into 
    joint ventures using property and assets some of which were 
    confiscated from United States nationals.
        (6) This ``trafficking'' in confiscated property provides badly 
    needed financial benefit, including hard currency, oil, and 
    productive investment and expertise, to the current Cuban Government 
    and thus undermines the foreign policy of the United States--
            (A) to bring democratic institutions to Cuba through the 
        pressure of a general economic embargo at a time when the Castro 
        regime has proven to be vulnerable to international economic 
        pressure; and
            (B) to protect the claims of United States nationals who had 
        property wrongfully confiscated by the Cuban Government.

        (7) The United States Department of State has notified other 
    governments that the transfer to third parties of properties 
    confiscated by the Cuban Government ``would complicate any attempt 
    to return them to their original owners''.
        (8) The international judicial system, as currently structured, 
    lacks fully effective remedies for the wrongful confiscation of 
    property and for unjust enrichment from the use of wrongfully 
    confiscated property by governments and private entities at the 
    expense of the rightful owners of the property.
        (9) International law recognizes that a nation has the ability 
    to provide for rules of law with respect to conduct outside its 
    territory that has or is intended to have substantial effect within 
    its territory.
        (10) The United States Government has an obligation to its 
    citizens to provide protection against wrongful confiscations by 
    foreign nations and their citizens, including the provision of 
    private remedies.
        (11) To deter trafficking in wrongfully confiscated property, 
    United States nationals who were the victims of these confiscations 
    should be endowed with a judicial remedy in the courts of the United 
    States that would deny traffickers any profits from economically 
    exploiting Castro's wrongful seizures.

(Pub. L. 104-114, title III, Sec. 301, Mar. 12, 1996, 110 Stat. 814.)



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