What about compensation for U.S. property that was confiscated by the Cuban government in 1960?

What about compensation for U.S. property that was confiscated by the Cuban government in 1960?
Cuba's government has always acknowledged its obligation to compensate U.S. property owners and has indicated its willingness to sit down and negotiate. It has long since worked out satisfactory compensation agreements with all other countries that had similar claims.

Back in 1960 the U.S. imposed the embargo because Cuba had nationalized all U.S. properties. In 1977 the U.S. insisted that the embargo would not be lifted until the compensation issue had been worked out.

Cuba has repeatedly stated its willingness to negotiate a just compensation once the embargo is lifted and normal relations established. But on November 30 2001 the U.S. government turned down a Cuban offer to negotiate compensation for properties confiscated by the Revolution 40 years ago.

The U.S. State Department often claims, falsely, that Cuba has refused to pay such compensation. This is an outright lie, fed to the American people in order to gain support for the terrorist nature of the David/Goliath relationship between the two countries.

Through the years of the embargo and the Cold War against Cuba, the typical strategy of the State Department has been to pretend that it truly wants to negotiate compensation. In fact, there's no indication that the U.S. wants to bring this chapter to close, choosing instead to continue choking the Cuban people.