✕ CLOSE Online Special City News Entrepreneurship Environment Factcheck Everything Woman Home Front Islamic Forum Life Xtra Property Travel & Leisure Viewpoint Vox Pop Women In Business Art and Ideas Bookshelf Labour Law Letters
Click Here To Listen To Trust Radio Live

Cuba seeks Nigeria, Africa’s support to end U.S. blockade

The government of the Republic of Cuba has called on Nigeria and other African countries to continue supporting the agenda to force an end to the financial and economic blockade imposed on the country by the United States (U.S.).

The United States maintains a comprehensive economic embargo on the Republic of Cuba. In February 1962, President John F. Kennedy proclaimed an embargo on trade between the United States and Cuba, in response to certain actions it claimed the Cuban Government took, and directed the Departments of Commerce and the Treasury to implement the embargo, which remains in place today.

However, ahead of the vote against the United States blockade at the United Nations General Assembly on October 28th and 29th, the Ambassador of Cuba to Nigeria, Miriam Morales Palmero, said Nigeria’s and Africa’s support would help end the blockade that has impacted all Cuban citizens.

SPONSOR AD

She lamented that the government of the United States maintained a maximum pressure policy against Cuba and continued to fully implement the economic, commercial and financial blockade, which is the fundamental pillar of that policy.

“From March 1st, 2023 to February 29, 2024 the blockade caused material damages to Cuba estimated at USD 5,056,800,000, which represents an increase of USD 189,800,000 as compared to the figure that appears in the previous Report.

“All of the above reflects the strengthened impact of the blockade on Cuban exports, particularly in the tourism sector; the ruthless persecution of the country’s financial and banking operations as well as the comprehensive damages caused to Cuba’s entrepreneurial system, production and the services provided to the population.

“This represents an impact of more than USD 421,000,000 a month, or more than USD 13,800,000 a day; or more than USD 575,683 per hour in damages as a result of the blockade.

“At current prices, the damages accumulated during more than six decades of implementation of this policy, amount to USD 164,141,100,000.

“Taking into account the value of the dollar against the price of gold at the international market, the blockade has caused damages amounting to more than USD 1,499,710,000,000,” she said.

She said the US blockade against Cuba violates International Law, adding that it is contrary to the purposes and principles of the Charter of the United Nations.

“It is also unacceptable for the US government to ignore and disregard the call of the international community to put an end to this illegal and inhumane policy, as expressed in the 31 resolutions adopted by the United Nations General Assembly on the need to put an end to the economic, commercial and financial blockade imposed against Cuba,” the envoy said.

 

Join Daily Trust WhatsApp Community For Quick Access To News and Happenings Around You.

NEWS UPDATE: Nigerians have been finally approved to earn Dollars from home, acquire premium domains for as low as $1500, profit as much as $22,000 (₦37million+).


Click here to start.