Friday, 31 May 2019 22:33

Cuban Gov't Provides Legal Guarantees against Helms-Burton Act

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Cuban government has reportedly provided on Friday all the political and legal guarantees to entrepreneurs in the country against the possible effects of the Helms-Burton Act.

 

Havana, Cuba.- The Director General of the Directorate of the United States of Cuba's Foreign Affairs, Carlos Fernandez de Cossío, assured to foreign entities their activity is legal and legitimate despite the activation of title III of US Act.

The statements were made during a meeting held at the National Hotel in Havana with business companies and the European diplomatic corps, attending 127 representatives of corporations from the old continent.

Title III of the Helms Burton Act, which entered into force on May 2, sets the authorization for US citizens to file lawsuits to US courts against foreigners for alleged traffic with properties that were subject to nationalization in 1960.

So far, the executive listed four lawsuits have been filed, one from the company Exxon Mobile against the national Union-Petroleum and the Corporation Cimex S.A., two against the US cruise line Carnival and one against the Cuban companies Gran Caribe, Cubanacan, Cimex and Gaviota due to a hotel in Cienfuegos.

Fernández de Cossío deemed the aforementioned demands do not attempt against foreign investments but are aimed to damage Cuba's commercial activity.

In political terms, he remarked that we reject in the most energetic way the conduct and measures announced by the US government, but the Cuban government will not continue to be opened to an understanding.

EU AMBASSADOR TO CUBA REJECTS US HELMS-BURTON ACT

The ambassador of the European Union (EU) to Cuba, Alberto Navarro, has reiterated on Friday the unanimous rejection by the EU against the anti-Cuban Helms-Burton Act, which, according to him, is in violation of the international right.

The EU unanimous stance and its 28 member states in relation to this regulation has been the same one from the right moment the law was passed in 1996 and when an European Council Regulation was adopted in defense of its extraterritorial effects, he said.

The diplomat referred to the so-called EU antidote legislation, or Blockade Statute which bans the US judicial sentence execution related to the Title III of the Helms-Burton Act and that cause damages to its member states.

READ MORE: 
Blocking statute

When a regulation of the Council is adopted, it is therefore a law in all member states with direct application and with primacy over national law. Any judge in Europe who has a conflict between their legislation and this regulation, will have to apply this, he said.

The EU wants to protect its citizens and businessmen and the antidote legislation sets out the obligation not to cooperate in case there is a US judge who asks European employers for full responsibility. (PL)

Read 317 times Last modified on Saturday, 01 June 2019 09:55

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