New York, September 21, 2018. On June 8, 2017, the Office of Foreign Assets Control (OFAC) imposed a 87,255 dollar fine on the company American Honda Finance Corporation (AHFC) because one of its subsidiaries in Canada -Honda Canada Finance Inc.-, approved and financed 13 vehicle leasing agreements between the Cuban Embassy in Canada and a concessionary of Honda in Ottawa between February of 2011 and March of 2014.
New York, September 18, 2018. The laws and regulations that support the US economic, commercial and financial blockade against Cuba are still in force and are strictly implemented by the government agencies of that country, namely by the Departments of Treasury and Commerce and, in particular, by the Office of Foreign Assets Control (OFAC).
Historically, the main legislations and administrative regulations that establish and govern the policy of the blockade are:
New York, September 14, 2018. The economic, commercial and financial blockade that the US government has imposed on Cuba since 1962 has been strengthened by the current administration of Donald Trump, who signed on June 16, 2017 in Miami, the "National Security Presidential Memorandum on the Strengthening of the United States Policy toward Cuba".
Havana, September 12, 2018. The impact of the United States'' blockade on Cuba grows annually and affects the country''s economic structure, causing damages that will last even after those barriers are lifted, an ECLAC official said today.
New York, September 11 2018. The economic, commercial and financial blockade imposed by the government of the United States of America against Cuba for almost six decades is the most unjust, severe and prolonged system of unilateral sanctions that has been imposed to any country. It was established on February 3, 1962 by John F. Kennedy –-the 35th president of the United States of America– through executive order 3447. It remains in force and is strictly implemented, being the main obstacle for the development of the Cuban nation.