Prensa Latina | United Nations, Sep 22. -The U.S. blockade to Cuba lurks today on anywhere in the world, warned the island’s diplomatic mission to the UN in a press release, in which it exposes numerous financial obstacles.
For example, on February 12th, 2018, it was announced that five Indian banks refused to make a transfer from the United Nations Development Program (UNDP) office in Cuba to Ankur Scientific Energy Technologies LTD because of blockade regulations.
Also the same month, the Malaysian subsidiary of the U.S. Company ADT received instructions from its head office to refuse to renew the contract for security services to the Cuban embassy in that country, because the island is a territory under U.S. sanctions, according to the text.
In June 2017, the Office of Foreign Assets Control (OFAC) imposed a fine of 87,255 dollars on the American Honda Finance Corporation, due to the fact that one of its subsidiaries in Canada approved and financed 13 car leasing agreements between the Cuban embassy in that country and a Honda concessionaire in Ottawa.
Also, the press release states that OFAC prohibited in September 2017 a donation of medicines to the NGO ‘Caritas in Cuba’, because the ship carrying the cargo belonged to the U.S. Company Norwegian Cruise Line Holdings Ltd.
Later, in November, OFAC fined BCC Corporate S.A., a Belgian subsidiary of the US Company Alpha Card Group, 291,825 dollars for selling credit cards from 2009 to 2014 used to make purchases in Cuba.
On December 27th, 2017, the Inter-American Development Bank blocked funds for an academic agreement between Cuba and the Polytechnic School of Chimborazo, Ecuador, also due to the U.S. blockade.
So far, the U.S. blockade is the most unjust, severe and prolonged system of unilateral sanctions applied against any country, since it was instituted on February 3rd, 1962, by John F. Kennedy, the 35th president of the United States.
In November 2017, the U.S. Departments of Commerce, Treasury and State issued new regulations and provisions to strengthen the extraterritorial application of the blockade and intensify the persecution of financial transactions and banking-credit operations with Cuba on a global scale.