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Thursday, July 12, 2012
Another US Company Fined for Trading with Cuba
Havana, Cuba, July 12.- The Office of Foreign Assets Control (OFAC) of the US Department of the Treasury (OFAC) imposed a penalty of one million 347,750 dollars to the Great Western Malting Company for infringing the internationally rejected blockade of Cuba.
This new sanction was applied to the US Company for carrying out several operations so a foreign subsidiary sold barley malt -of non-US origin- to the island, between August, 2006 and March, 2009, informed the OFAC on Tuesday. So far this year, the aforementioned US Department of the Treasury has fined three US and foreign entities, in line with the strict and extraterritorial regulations of the blockade against the Caribbean country.
Washington continues to ignore the demand of the international public opinion, which demands the end of that siege against Cuba, an illegal policy that seriously violates the rights of its people to subsistence and development.
The direct economic damage caused by the US blockade until December, 2010, goes beyond 104 billion dollars, calculated in a conservative way. (ACN).