Paris, Mar 12 (Prensa Latina) The Cuba Cooperation France (CubaCoop) association on Friday described the Helms-Burton Act, created 25 years ago to tighten the US economic, commercial and financial blockade against Cuba, as a universal threat.
When talking with Prensa Latina, President of this French organization, created in 1995, Victor Fernandez, recalled the extraterritorial impact of this law and its Tittle III, activated in May, 2019, by former US President Donald Trump, in order to deprive Cuba of foreign investments and further stifle its economy.
This chapter is a real obstacle to Cuba’s development and is also an enormous threat to all nations of the world that want to freely trade with Cuba.
According to Fernandez, the Helms-Burton Act affects French companies and limits their development, an unacceptable scenario.
We have witnessed, in the past three to four years, the difficulties that they face, to the point that large French groups that had decided to invest in Cuba chose to withdraw their investment or postpone it, he noted.
In this sense, he reiterated CubaCoop’s appeal to US President Joe Biden to use his executive powers to change the aggressive policy of his predecessor at the White House.
We believe that it is fundamental that this criminal and inhumane blockade ends. Cuba does not deserve sanction but recognition, Fernandez told Prensa Latina.
On March 2, 1996, the then US President William Clinton enacted the Helms-Burton Act, thus the economic, commercial and financial blockade imposed on Cuba for 60 years became a law.
CubaCoop, in addition to condemning the blockade and its tightening by Trump, organizes and participates in the funding of cooperation projects in Cuba’s socio-economic sectors, initiatives which he highlights as a concrete way to help Cuba to fight the blockade.