Thursday, December 20, 2012

Cuba Denounces Strengthening of U.S. Blockade

Havana, Dec 20 (Prensa Latina) Cuba denounced today the strengthening of the United States (U.S.) blockade against this country and the extraterritorial nature of its policy, rejected by the vast majority of the international community. A statement from the Ministry of Foreign Affairs (MINREX), published today by the newspaper Granma, recalls that on December 11 the Office of Foreign Assets Control (OFAC) of the Treasury Department announced the imposition of a fine of 375 million dollars against the Bank HSBC Holdings (Hong Kong and Shanghai Banking Corporation).

The reason to punish the financial institution, based in London, is the alleged violation of U.S. unilateral sanctions against several countries, including Cuba.

Similarly, on December 12, OFAC, responsible for implementing the economic, commercial and financial blockade against Cuba, announced the implementation of another fine, for 8 634 571 dollars to the Japanese bank Tokyo-Mitsubishi UFJ, for the same reason.

The MINREX note warns that the application of these unfair and illegal penalties shows that the U.S. policy of persecution to financial and trade transactions against Cuba and against those who hold a legitimate relationship with the island under international law, not only has not changed, but has toughened.

The statement also denounce the extraterritorial application, to entities from third countries, of the provisions of the blockade against Cuba, that take place within a month of the UN General Assembly claim again, almost unanimously, to put an end to this cruel policy, rejected worldwide and, increasingly, by large segments of American society.

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JG: What a FRAUD Barack Obama is!

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