Cuba has Guarantees for Investors against Helms-Burton Law
Cuba has Guarantees for Investors against Helms-Burton Law
Havana, June 7, 2019. Cuba has legal guarantees that protect foreign investors against the application of Tittle III of the anti-Cuban Helms Burton Law, an authorized source reiterated Friday.
According to statements made to the Cubadebate website by Deborah Rivas, Director of Foreign Investment at Cuba's Foreign Trade Ministry, security for foreign business is based on three fundamental norms.
Statement by the Revolutionary Government: Cuba is not frightened by the measures tightening the blockade.
The Revolutionary Government of the Republic of Cuba condemns in the strongest terms the measures announced by the United States Government on 4 June 2019, further tightening the economic blockade imposed on Cuba for over 60 years, at a cost for the Cuban economy which amounted to over 134 billion dollars in 2018 at current prices, and to the figure of 933 billion dollars, taking into account the devaluation of the US dollar vis-à-vis the price of gold in the world market.
Declaration of the XVIII Political Council of ALBA-TCP
The Ministers of Foreign Affairs and the Heads of Delegations of the member countries of the Bolivarian Alliance for the Peoples of Our America –Peoples’ Trade Treaty (ALBA-TCP), meeting in Havana on the occasion of their XVIII Political Council;
The Helms-Burton Act is inapplicable and has no legal value or effect
Author: Raúl Antonio Capote
Law 80 protects foreign investments in Cuba and supports investors who may be harmed in the face of attempts to apply Helms-Burton.
Statement of the ACNU in rejection of the application of Title III of the Helms-Burton Act
Statement of the ACNU in rejection of the application of Title III of the Helms-Burton Act