Permanent Mission to UN

Press Release.New actions in the implementation of the economic, commercial and financial embargo imposed on Cuba.

New York, July 3.- Last weekend the media reported that Red Bull North America, the energy drink company, turned into the latest victim of the economic, commercial and financial blockade the government of the United States continues to impose against Cuba despite the almost unanimous rejection of the international community.

According to the Office of Foreign Assets Control (OFAC), the entity agreed to pay an $ 89 755.00-dollar fine for shooting a documentary in the Caribbean Island without authorization from the U.S. Treasury Department.

This is not the first time Washington punishes banking, financial or commercial entities for doing business with Cuba. This policy has a marked extraterritorial nature and has been implemented for over half a century.

The same source released that U.S. authorities intent to claim Paris National Bank (BNP Paribas) the amount of 10 billion dollars for alleged violations to the blockade against Cuba and other nations. In early May, American International Group company (AIG), which operates international insurances and financial services, agreed to pay a fine of $279 000.00 for keeping commercial bonds with the Island.

The U.S. blockade has cost the Cuban people more than $1 157 327 000 000.00, and constitutes a violation of the Charter of the United Nations and the norms of International Law, which states as a crime of genocide the attempt to starve or cause disease to a human group.

The international community has condemned and demanded the immediate lifting of that coercive measure for 22 years in a row at the UN General Assembly. On October 29, 2013, 188 UN Member States – 98 percent – reiterated this claim by supporting the resolution the General Assembly adopts every year under the title “Necessity of ending the economic, commercial and financial embargo imposed by the United States of America against Cuba”.


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