Axar.az
UP

Trump prolongs trade embargo against Cuba

Home page Politics
12 Punto 14 Punto 16 Punto 18 Punto

US President Donald Trump announced that it is in line with Washington's interests to prolong the punitive measures against Cuba.

Axar.az informs citing Sputnik.

US President Donald Trump signed a decree to extend the 1962 trade embargo against Cuba for one more year, the White House said on Monday. According to the decree, the embargo remains in the national interest of the United States. The previous term of the embargo was due to end on September 14, 2018.

Earlier in the day, Cuban Ambassador to Russia Gerardo Penalver Portal revealed that Cuba had lost over $4 billion over the past 12 months due to the United States' sanctions policy against Havana.

US Embargo and Relations With Cuba

The United States first imposed an arms embargo on Cuba in 1958. The embargo was followed by the introduction of restrictions in various other sectors, such as sanctions on financial transactions, trade, travel and others.

Reacting to these measures, Cuba has repeatedly submitted resolutions to the United Nations, urging a lifting of the embargo.

However, in 2015 Washington and Havana took steps to a rapprochement: the two nations restored diplomatic ties under the administration of then US President Barack Obama; but in 2017, the administration of President Donald Trump announced a U-turn in the US policy toward Cuba, opting to retain the embargo on the Caribbean nation.

In 2016, the United States, which had repeatedly voted against removing the embargo, abstained from the United Nations' vote on the issue for the first time.

Date
2018.09.10 / 22:14
Author
Axar.az
Comments
See also

Political consultations were held between Baku and Moscow

These 4 issues are being discussed with Baku - Grigoryan

Sisi will come to Azerbaijan

The President received Tanzila Narbayeva

Aliyev received the Speaker of the Senate of Pakistan

Ilham Aliyev received Mustafa Shantop

The Baku Declaration was adopted

The OSCE Minsk Group has become just a tool

Our friends prevented provocations against Baku

Our soldier lost his life

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla