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Judi Lynn

(164,086 posts)
1. Death, Taxes And The Cuban Blockade
Sat May 19, 2018, 08:07 PM
May 2018

Death, Taxes And The Cuban Blockade
It is not just the rest of the world that is against the Cuban blockade. A majority of Americans – even a majority of Cuban Americans – favor lifting the blockade and normalizing relations with Cuba.

by Matt Peppe

. . .

The blockade against Cuba has been strengthened over the course of the last half century to include various extraterritorial provisions that violate the sovereignty of impartial countries. These include sections of the Torricelli Act that prohibit subsidiaries of U.S. companies in third countries from trading with Cuba. Ninety percent of such trade with Cuba consists of food and medicines. Additionally, the Helms-Burton Act prevents international financial institutions, such as the International Monetary Fund or the World Bank, from granting credit to Cuba. This violates the policies of these institutions as well as those of other international organizations. [2]

Many foreign companies have been caught in the U.S.’s illegal, extraterritorial web of laws in the past year. An Argentina-based travel agency settled for $2.8 million fine for offering services to people who traveled to Cuba. A large Dutch travel company settled for $5.9 million for similar charges. A Canadian subsidiary of the insurance giant AIG, which sold policies to people traveling to Cuba, was levied a $279,038 fine. Energy drink maker Red Bull was forced to pay a $90,000 fine for sending seven people to Cuba to make a documentary.

. . .

It is civilians in Cuba, especially children, who are suffering the worst. Many antiviral medications are unavailable to minors because of the blockade. North American companies who make these medications don’t respond to requests for their purchase or claim they cannot sell them to Cuba, according to diplomat Jairo Rodríguez, who recently testified at the UN.

Nearly 80 percent of patents in the medical sector are held by American corporations and their subsidiaries. Cuba cannot gain access to these pharmaceutical medications and medical equipment because of restrictions imposed by the U.S. government. [3]

More:
https://www.mintpressnews.com/death-taxes-cuban-blockade/198326/

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