Cuban Parliament Reiterates Condemnation against US Economic Blockade

Havana, Oct 7 (Prensa Latina) The Cuban Parliament reiterated its condemnation of the economic, commercial and financial blockade imposed by the United States for half a century on the Caribbean island.

A statement from the International Relations Committee of the National Assembly of Cuban People’s Power released today by Granma newspaper, recalls that since the beginning of its implementation in October 1960, this policy seeks to overthrow the Revolutionary Government.

Another objective is to return Cuba to the relationship of subordination to which it was submitted between 1898 and 1958.

The document states that in 1996, the blockade became law so that sanctions against Cuba could be sustained over time.

It is a massive and flagrant violation of the human rights of the Cuban people and the main obstacle to the development of the economy and the achievement of the Sustainable Development Goals, the report said.

According to the document, the parliamentarians said that the damages accumulated during almost six decades of application reach 822, 280, 000 million dollars, taking into account the depreciation of the dollar against the value of the gold in the international market and at current prices .

The blockade caused quantifiable damages for more than 130,178,000 million dollars. Only between April 2016 and June 2017, Cuba caused losses to the order of $ 4,305 million.

The deputies said that the financial and extraterritorial dimensions of the law were maintained, with fines imposed on foreign companies that have commercial relations with Cuba, as well as refusal or refusal by banks and international financial institutions to carry out operations with the island for fear to be fined.

The statement – which rejects violations of international law – focused on the decline of relations between Havana and Washington.

In addition, deputies warned about a resurgence of the blockade, which limits the possibilities of US business to trade and invest in Cuba and additional restrictions on its citizens to travel to the largest of the Antilles.

‘We urge the world’s parliamentarians to reinforce the international demand to put an end to this policy that violates the rights of the Cuban people,’ said the document.

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