The US toughens the embargo against Cuba

World 12:30 02.05.2019

Today will come into effect Title III of the so-called Helms-Burton Act.

Today will come into effect Title III of the so-called Helms-Burton Act, by which any citizen or American company, which was subject to nationalizations in the 1960s, can go to the US courts demanding measures against the companies, both Cuban and foreign, that are allegedly "trafficking" with those assets or nationalized assets.

The ’curiosity’ is that in the ranks of "American citizens" are those who, being Cubans at that time, have been subsequently nationalized americans.

The possibility that US courts are literally flooded with economic "claims" and the possible affectations to fundamentally European companies, although also from other countries, has triggered alarms in the EU, not only because of the magnitude of the ambiguous legal concept of "traffic" but also by the pretension of the North American Administration to extraterritorially apply its legislation to third parties.

The measure of the Government of Donald Trump also breaks in practice the agreement established in 1998 with the EU to maintain the suspension of the aforementioned Helms-Burton Title in exchange for the EU not denouncing the case before the World Trade Organization -OMC -, nor put into practice reciprocal measures, resulting in a commercial war.

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