Today: September 19, 2024
September 19, 2024
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Washington extends embargo on Cuban regime until September 2025

Cuban economist says Díaz-Canel's "erroneous policies" have caused "disasters"

AREQUIPA, Peru – Washington announced on Wednesday the extension of the embargo against the Cuban regime under the Trading with the Enemy Act, which expired on September 14, 2024.

A statement sent to the Department of State and published by the Federal Register with the signature of President Joe Biden reports the extension that will be in effect until September 14, 2025.

“I hereby determine that the continued exercise of such authority with respect to Cuba for one year is in the national interest of the United States,” the president said.

“Pursuant to the authority granted to me by section 101(b) of Public Law 95-223, I am continuing for one year, through September 14, 2025, the exercise of those authorities with respect to Cuba, as implemented in the Cuban Assets Control Regulations, 31 CFR Part 515,” it added.

Since 1917, a US law has given the president the power to restrict trade with countries perceived as hostileBased on this regulation, the oldest of its kind, the Regulations for the Control of Cuban Assets were adopted in 1963. Other countries such as China, North Korea and Vietnam have also been subject to this legislation in the past.

In Cuba, the Castro regime uses the embargo as a scapegoat to justify poor government management and failed economic policies of recent decades that have resulted in constant crises and shortages for the people of the island.

In this regard, several politicians and analysts have denied the dictatorship’s discourse. Last March, the Cuban-American senator Marco Rubio He criticized the hackneyed argument that blames the White House for the food shortages of the Cuban people, one of the reasons that led to the demonstrations of March 17.

On their social networks He stated that there is no embargo on food products when the regime, last year, imported more than 300 million dollars worth of food and basic products from the US.

For the politician, the reason why Cubans have come out to protest on the island and the fundamental reason why they are on the verge of collapse is that “Marxism always results in hunger, poverty and scarcity.”

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