EU Threatens Reprisals If US Sanctions Interests In Cuba
Muhammad Irfan 2 days ago Wed 17th April 2019 | 04:16 PM
The European Union is threatening the United States with reprisals if President Donald Trump decides to sanction EU investments in Cuba, a copy of a letter showed on Wednesday
Brussels, (UrduPoint / Pakistan Point News - APP - 17th Apr, 2019 ) :The European Union is threatening the United States with reprisals if President Donald Trump decides to sanction EU investments in Cuba, a copy of a letter showed on Wednesday.
EU foreign policy chief Federica Mogherini and trade commissioner Cecilia Malmstrom sent the warning in a letter dated April 10 to US Secretary of State Mike Pompeo, according to the letter obtained by AFP.
US National Security Advisor John Bolton is expected Wednesday to formally unveil a shift in policy opening the way for lawsuits in US courts over property confiscated by Cuba.
Bolton "will announce the enforcement of Title III of the Helms-Burton Act," a US official said.
By ending once-routine US presidential waivers of provisions in the 1996 Helms-Burton Act, Cuban exiles will be allowed to sue both private firms and the Havana government for profiting from properties nationalised after Fidel Castro's 1959 communist revolution.
While US courts cannot directly enforce decisions inside Cuba, the Helms-Burton Act is meant to send a chilling message to foreign investors -- including Americans -- who may increasingly decide to exit or steer clear of the island.