British company Diageo strikes deal with Castro dictatorship to sell another stolen rum brand

Cuba’s Castro dictatorship does not only make money from selling Cuban slave labor around the world, they also make money selling stolen rum brands. We all know about Pernod Ricard’s deal with the corrupt Castro dictatorship to sell the stolen Havana Club Rum brand. The family-owned Cuban rum company and its distilleries were stolen by the Castro dictatorship at gunpoint from the Arechabala family.

Now we learn British beverage giant Diageo has struck a deal with the Castro dictatorship to sell Santiago de Cuba Rum, another rum brand stolen by the Cuban regime from its rightful owners (via Reuters):

A European subsidiary of British beverage giant Diageo Plc (DGE.L) signed a joint venture deal with state-run Cuba Ron SA on Monday to market Santiago de Cuba Rum, in defiance of U.S. efforts to dissuade investment in the Communist-run country.

The new 50-50 venture, Ron Santiago SA, will have exclusive international rights to the premium brand, considered the best by local residents along with Havana Club, which is marketed by French firm Pernod Ricard (PERP.PA) under a similar arrangement signed in the 1990s.

The agreement comes at a time when the United States is ramping up sanctions on Cuba and trying to thwart foreign investment there.

The Trump administration in May allowed Title III of the 1996 Helms Burton Act to take effect, enabling U.S. citizens to bring lawsuits against foreign companies profiting from property taken from them after Cuba’s 1959 revolution. It had been suspended by President Donald Trump’s predecessors.

The Santiago distillery and related properties were reportedly nationalized.

It almost seems like stolen Cuban rum tastes better to some people. That is, of course, until they get sued.