"The extraterritorial implementation of the US laws to the detriment of other sovereign nations is ever more aggressive," Cuban Foreign Minister Bruno Rodriguez told the UN General Assembly yesterday.
"There is a proliferation of unilateral sanctions, particularly in the area of finances, as a foreign policy instrument," he said.
The United States has had comprehensive economic sanctions clamped on communist Cuba for over five decades.
The top Cuban diplomat argued that "the use of the US courts of justice to apply multi-million fines, even on its allies, based on court rulings that violate international law, has become an instrument of punishment, threats and to spuriously securing financial resources."
"Under the present (US) administration, there has been an unprecedented tightening of the extraterritorial character of the blockade, with a remarkable and unheard-of emphasis on financial transactions through the imposition of multi-million dollar fines on banking institutions of third countries," Rodriguez said.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
