Oct 23, 2015, 2:43 PM

US economic blockade affects Cuban interior trade

US economic blockade affects Cuban interior trade

HAVANA, Oct. 23 (MNA) – The economic, commercial and financial blockade imposed by the United States to Cuba for more than 50 years has affected the Caribbean island's interior trade, with millions in losses, according to an official report trade.

From April 2014 to the same date this year, the Caribbean nation reported losses valued at $80.5 billion USD in that sector.

According to a draft resolution entitled "Necessity of ending the economic, commercial and financial blockade imposed by the United States of America against Cuba," which will be presented at the United Nations, the damages in this area were growing.

The economic blockade has limited the possibilities of the population's access to gourmet service, food, hygiene and cleaning products, textile products, footwear, hardware items, toys, perfumes, paints and construction materials.

On September 5, 2014, three months before the historic December 17 announcement, U.S. President, Barack Obama, renewed sanctions against Cuba.

Such action was carried out under the Trading with the Enemy Act of 1917, a foundation piece of laws and regulations that make up the blockade against the island, claiming foreign policy interests.

The blockade continues being an absurd and morally unsustainable policy, as the president of the United States recognizes, it did not serve to the purpose of crushing the decision by the Cuban people to choose its political system and control its future.

 

sus/iff/lam/joe

PL-20/MNA

 

News ID 111308

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