The following communication, dated 17 July 2014, addressed to the Director-General of the World Trade Organization, is being circulated at the request of the Delegation of Cuba.
The Permanent Mission of the Republic of Cuba to the United Nations Office at Geneva and other International Organizations in Switzerland presents its compliments to Mr. Roberto Azevêdo, Director-General of the World Trade Organization and has the honour of attaching herewith the denounce of the Republic of Cuba due to the harm caused to BNP Paribas French bank, for an alleged violation of the US blockade against Cuba.
Likewise, the Permanent Mission
The Permanent Mission of the
On 30 June, the Departments of
Treasury and Justice of the
fine is the largest one imposed in the history of the
The World Trade Organization
(WTO) cannot ignore this process. The WTO promotes uncompromising trade
liberalization and its disciplines answer mainly to that goal. The
The blockade violates the
freedom of trade, the rules of National Treatment and Most-Favoured Nation
which establishes the principle of non-discrimination. It also violates equal
rights, obligations and benefits to all Members, without distinction. Besides,
it is currently the longest-standing violation of WTO rules. Many Members of
the Organization have been affected by the extraterritorial effect of the
measures applied by the
BNP Paribas French Bank joins the long list of financial, trade, economic and other types of entities, from the US and abroad, that have been subjected to punitive measures, in the context of the strengthening of the blockade and, particularly, of the financial persecution against Cuba.
This example is clear evidence that global trade is in the hands of a country that, by its own will and the influence of its currency, decides the legality of almost all commercial transactions.
Once again, the