HAVANA, Cuba, Sep 10(ACN) The economic, commercial and financial blockade imposed by the US government against Cuba for almost six decades is the most unjust, tough and long-lasting system of unilateral sanctions applied against any country, Cubaminrex website reported Monday.
The tightening of the blockade has continued to be the central issue of the US government's policy against Cuba, with increasingly significant effects on its extraterritorial application.
From April 2018 to March 2019, according to that website, the economic aggression measures against Cuba have increased, causing losses to the country of 4.336 billion dollars and the total damages accumulated during almost 60 years of this policy have reached 138.843 billion dollars.
During this same period, the strengthening of this extraterritorial law and the application against Cuba was reflected in continuous affectations to Cuban companies, banks and embassies, which face enormous obstacles in their commercial and financial activities in many countries of the world.
For example, the U.S. Department of State extended on three occasions the "List of Restricted Cuban Entities" that are the targets of sanctions in addition to those imposed by the blockade regulations, causing considerable damage to the country's economy because of their threatening effect on the international business community.
At the same time, Washington decided to allow for the possibility that, under Title III of the Helms-Burton Act, legal action may be taken in U.S. courts against suits brought by U.S. citizens or entities against Cuban or third-country businesses or individuals commercially related to properties nationalized in Cuba in the 1960s.
There are already 27 resolutions adopted by the international community as part of the United Nations General Assembly, which call on the US government to put an end, without any conditions, to its blockade policy against Cuba.
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