Rodriguez: U.S. blockade causes more than 5 billion-dollar losses to Cuba

Cuban Foreign Minister Bruno Rodriguez has stressed that Cuba suffered losses at five billion 56.8 million dollars from 2023 to 2024 as a result of the economic, commercial and financial blockade of the United States.

When presenting to the national and foreign press the most updated report on the effects of the U.S. blockade, the Cuban foreign minister highlighted that the economic damages experienced from March 1, 2023 to February 29, 2024, represent an increase of 189.8 million compared to the previous report.

The estimated impact is more than 421 million dollars per month, more than 13.8 million dollars per day, and more than 575,683 dollars in damages for each hour of blockade.

In six decades, the impacts exceeded 1 trillion 499 thousand 710 million dollars.

The US blockade against Cuba is the most comprehensive, integral, complete and prolonged system of unilateral coercive economic measures ever applied against any country by the United States.

Rodríguez Parrilla explained to the attending press that this Report reveals these impacts with specific data and experiences. It shows the intentional damage caused to Cuban families.”

This information also includes, for the first time, testimonies and calculations of the impact of the blockade on the private sector of the economy, which also does not escape this policy of hostility, revealed the head.

The document presented by the Cuban foreign minister and will be presented next October at the United Nations National Assembly, details the serious effects of Washington’s siege on the economy and its effects on the population and on the development of key areas such as health, education and food.

It also denounces the impact of the policy on Cuba’s foreign trade and international financial relations, which have been severely limited by the sanctions imposed by the US government.

Since 1992, the international community has ratified the rejection of this policy, reinforced to unprecedented levels during the impact of Covid-19 with the marked purpose of strangling the country’s economy to provoke a change of government.

Agencies