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Report by Cuba on Resolution 67/4 of the United Nations General Assembly Print E-mail

The following is an excerpt taken from the introduction of the report by Cuba on Resolution 67/4 of the United Nations General Assembly entitled “Necessity of ending the economic, commercial and financial blockade imposed by the United States of America against Cuba.”

The economic, commercial and financial blockade of the Government of the United States imposed since the beginning of the Cuban Revolution continues to be, after more than 50 years, and despite protests by the international community, the main point of reference for United States policy towards the small Caribbean island in its obsession to destroy the Revolution and restore its hegemony over Cuba.
The foregoing is clearly seen in the systematic tightening of the policy of economic suffocation and the strengthening and integration of laws and provisions that govern this policy.
Because of its declared purpose, the political, legal and administrative framework on which the blockade rests qualifies as an act of genocide by virtue of the Geneva Convention of 1948 on the Prevention and Punishment of the Crime of Genocide and as an act of economic warfare as outlined in the Declaration Concerning the Laws of Naval War adopted by the London Naval Conference of 1909. The blockade against Cuba is the most unjust, severe and extended system of unilateral sanctions ever enforced against any country.
As a result of the strict and aggressive enforcement of laws and regulations that typify the blockade, Cuba is still unable to freely export and import products and services to or from the United States; it cannot use the US dollar for its international financial transactions or hold accounts in that currency in third-country banks. Nor is Cuba permitted access to loans from US banks or their branches in third countries and from international financial institutions such as the World Bank, the International Monetary Fund or the Inter-American Development Bank.

During the period discussed in this Report, the harassment of Cuba’s international financial transactions has been one of the most significant characteristics of the enforcement of the blockade. Besides constituting the main obstacle to the economic and social development of Cuba, the blockade is the most important obstacle for greater expansion of trade relations between Cuba and the world and it severely impedes international cooperation provided and received by Cuba.

The economic damage caused to the Cuban people as a result of the enforcement of the economic, commercial and financial blockade by the United States against Cuba, as of April 2013, and considering the depreciation of the dollar in terms of the price of gold in the international market, totals USD 1,157,327,000,000.00.

The economic, commercial and financial blockade of the United States against Cuba is illegal and immoral and it must end.

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