Cuban Ambassador Representative to the United Nations in Geneva Pedro Luis Pedroso denounced at a meeting of Heads of Delegations of the World Trade Organization (WTO) the effort of the United States to hinder the commercial relations with the island.
“Last year, the current administration has significantly increased its commercial and financial encirclement measures against my country. It has imposed additional measures to hinder foreign trade and increased the persecution of our banking-financial relations with the rest of the world,” Pedroso said.
The diplomat recalled that Washington’s aggressiveness is part of the application of its economic, commercial and financial blockade, a policy in force for 60 years, strengthened by U.S. President Donald Trump.
This upsurge has also implied a more intense and punitive application of extraterritorial measures, such as the full activation of Title III of the Helms-Burton Act of 1996, the Cuban permanent representative warned.
Regarding Title III, the diplomat pointed out in the WTO that it allows the initiation of claims before U.S. courts against investors from third countries that invest in the greater of the Antilles.
“This is totally illegal and contravenes the most basic norms of international law and commerce,” he said. Continue reading