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CARICOM Denounces New Trump Moves On Cuba

 The 15-member Caribbean Community (CARICOM) grouping has denounced moves by the United States to strengthen the decades-old trade and economic embargo against Cuba.
In a statement issued following the two-day CARICOM Council for Foreign and Community Relations meeting, CARICOM said it is “concerned by the new measures under Title III of the Helms-Burton Act announced by the US, which would strengthen its economic, commercial and financial embargo against Cuba.

“The Community denounces the application of laws and measures of an extraterritorial nature that are contrary to international law,” CARICOM says.

The Helms–Burton Act seeks to impose international sanctions against the Cuban government, to plan for support of a transition government leading to a democratically elected government in Cuba, and for other purposes.

The Trump administration announced last month that it would end the suspension of the law that allows American citizens, including naturalised Cubans, to sue companies and subsidiaries in Cuba that benefited from private properties that were confiscated by the Cuban government.

It said that the legislation, which was previously suspended by the Obama administration and by former Secretary of State Rex Tillerson, will be fully implemented and enforced.

SUPPORT FOR MADURA The move by Washington is seen as a retaliation for Havana’s continued support for President Nicolás Maduro in Venezuela, where the United States is leading an effort to oust him from power.

Cuba has said the nationalisations of the companies were conducted in full compliance with Cuban and international law, and the Association of Cuban Residents in Toronto, Canada, has denounced Washington’s move, saying the first impact will be suffered by investors who currently have commercial relations with Cuba and those who intend to do so in the future.

“Cuba has been a long-standing, supportive partner, particularly in building the region’s human capital in fields such as public health and sport. Our Community reiterates its call for the lifting of the unwarranted economic embargo and sanctions on Cuba which were strengthened recently,” said CARICOM Secretary General Irwin LaRocque.
Source:Jamaica Gleaner