The U.S. blockade of Cuba remains in full force
Although positive steps have been taken to modify aspects of the blockade, existing restrictions impede progress in the normalization of relations, and on September 14, the President reauthorized the 1917 Trading with the Enemy Act, the original basis of the blockade when it was established in 1962
Author: Pedro Etcheverry Vázquez | internet@granma.cu
Author: Andrés Zaldívar Diéguez | internet@granma.cu
september 16, 2016 16:09:48

Photo: Juvenal Balán
On December 17, 2014, Presidents Raúl Castro Ruz and Barack Obama announced to the world the decision to reestablish diplomatic relations between the governments of Cuba and the United States, opening the doors to future talks to benefit both nations. It might have appeared, at this historic moment, that the economic war waged by the U.S. against Cuba was coming to an end, but this was not the case.
The hostile policy remains in full force, with blockade regulations enforced by the Treasury Department’s Office of Foreign Assets Control (OFAC).
February 11, 2015, a Mexican branch of Santander Bank refused to handle a small transaction of 68,290 euros for the Central Bank of Cuba, not to acquire any product, raw material, or do business, but to pay the country’s membership dues to the Center for Latin American Monetary Research.
On March 12, the German financial institution Commerzbank was fined some 1.7 million dollars by OFAC, for maintaining economic relations with Cuba, among other alleged violations.
March 25, OFAC levied a fine of 7,658,300dollars on the U.S. company PayPal for processing transactions which allegedly involved products of Cuban origin or were of Cuban interest.
According to a Ministry of Culture report, between April, 2014, and March of 2015, the blockade caused Cuban cultural entities losses valued at 24 million dollars, principally in art education and the music industry. In the first case, the blockade has an impact on the quality of training and students’ creativity by restricting availability of basic resources like musical instruments, visual arts supplies, ballet slippers and wardrobe. In the case of music, the impact is felt in relation to live performances by Cuban artists in the United States, obstacles to selling recordings, and income from royalties.
The Ministry of Education has reported that during the same period, the blockade has caused damages of almost two million dollars. Sanctions imposed on international entities that do business with Cuba have led many to avoid exporting articles needed to enhance the teaching-learning process, obliging the country to seek such items in China, and pay higher shipping costs given the distance of this market. Remuneration paid to Cuban educational professionals working in other countries has been affected, as well, by the prohibition on using the USD in international transactions.
June 1, the U.S. company SIGMA Aldrich, a leader in the chemical and biochemical industries, refused to supply the Cuban state enterprise QUIMIMPEX products key to its development, alleging that it could not supply products, services, or technical information because of blockade regulations.
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