The Office of Foreign Assets Control (OFAC) of the U.S. Department of the Treasury will publish new regulations regarding Cuba on September 15, reported the U.S.-Cuba Economic and Trade Council, July 10 Continue reading
The Chamber of Commerce of the Republic of Cuba expressed its “permanent willingness to continue working with corresponding U.S. entities and companies.”
Following the U.S. government‘s recent change in policy toward the country, the Cuban institution expressed its commitment to facilitating the promotion of business opportunities on the island, according to a statement published July 3, on its website.
The text also conveys the entity’s hope that U.S. companies “cease to be hostages of an unjust policy, contrary to international law and rejected by the entire world.”
It goes on to note that last June 16, U.S. President Donald Trump signed a policy directive entitled “National Security Presidential Memorandum on Strengthening U.S. Policy toward Cuba,” and revoked the Presidential Policy Directive, “Normalization of relations between the United States and Cuba,” issued by President Obama on October 14, 2016.
According to the Office of Foreign Assets Control (OFAC) of that Group, the entity became involved in 29 apparent violations by providing insurance coverage for several shipments of goods to or from Cuba or related to an entity of the island.
AIG received its second punishment in three years because in May 2014 the US government claimed that insurer subsidiaries in Canada violated three thousand 560 times the regulations against Cuba from January 2006 until March 2009.
Obama worked to transcend past mistakes and build a future defined by the common interests and aspirations of the United States and Cuba, Clarke told content-provider Caribbean Media Corporation.
When the Barack Obama administration made modifications to the policy being applied to the island, we considered that more than a demonstration of good will of some, it was a reflection of the failure of the policy of imposition and sanctions against this small liberty-loving country, it stresses.
The Foreign Ministry considered it was not a kind of ‘deal’, but a well-thought political decision that had no losers, except for the marginal anti-Castros, it highlights.
The head of Cuban diplomacy stressed that none of those refugees will be handed over to U.S. authorities.
‘Certainly, those people will not be returned to the United States, which lacks legal, political and moral foundations to demand their return,’ he stressed.
‘As proved by the achievements made over the past two years, Cuba and the United States can cooperate and coexist in a civilized way, respecting the deep differences between their governments and promoting everything that benefits both nations and peoples,’ Rodriguez underlined.