Cuba Describes U.S. Blockade as Main Obstacle for Its Development

Cuba Describes U.S. Blockade as Main Obstacle for Its Development
Fecha de publicación: 
2 September 2018
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Havana, Sep 2 (Prensa Latina) The economic, commercial and financial blockade of the United States constitutes the main obstacle for the development of Cuba, as it affects plans aimed at the country''s progress, denounced the island's government.

In its most recent report on the impact of the current fence for almost six decades, Havana warned that it slows down the implementation of the Cuban Economic and Social Development Plan and the 2030 Agenda for Sustainable Development, the latter adopted in 2015 by the 193 member states of the UN.

According to the Cuban Foreign Affairs Ministry, the blockade not only hits the links with the United States, but its extraterritorial nature also attacks economic, commercial and financial exchanges with the rest of the world.

On October 31, the United Nations General Assembly will vote for the twenty-seventh consecutive occasion since 1992 a draft resolution demanding the lifting of sanctions imposed on the island, an initiative similar to the ones that have always been categorically supported by 191 countries in the last three years.

According to the report of the Cuban Foreign Ministry facing the new vote, the blockade accumulates damages that reach 933.6 billion dollars, taking into account the depreciation of the dollar against the value of gold in the international market.

The arrival of Repulican President Donald Trump at the White House in January of 2017, meant an additional hit to the efforts of the Caribbean country in pursuit of its socio-economic development.

'Many foreign counterparts have interpreted that they can not make deals or continue operating with the companies included in the list,' the report stressed.

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