Helms-Burton Act

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Helms-Burton Act

Legislation in the United States, passed in 1996, that strengthened the existing trade embargo on Cuba. The U.S. had prohibited most trade with Cuba since 1960. The Act extended this prohibition to companies doing business with Cuba and to companies that use property Cuba had nationalized from American companies. The Act was quite controversial internationally.
References in periodicals archive ?
under Title III of the Helms Burton Act, on May 2 of this year.
He notes that the ExxonMobil oil company was the first large corporation to sue Cuban companies before a US court under Title III of the Helms Burton Act, on May 2 of this year.
* "Strictly adhere" to the 1996 Helms Burton Act, including Title III, "to place maximum pressure on the Cuban regime." Title III of the act allows Americans to sue people or companies who use Cuban property seized after Castro's 1959 revolution.
Implementation of Helms Burton's Title III would be "very upsetting to the Europeans," Hernandez said, and not likely to happen.
En anos anteriores, otras empresas mexicanas se vieron directamente afectadas por dos leyes estadunidenses sobre Cuba: la Ley Torriceli, de 1992, y la Ley Helms Burton, de 1996.
Fuentes diplomaticas cubanas afirmaron que "el fantasma de la Ley Helms Burton espanto a Vitro".
La Ley Helms Burton primero, las restricciones arbitrarias a las exportaciones mexicanas y luego la prohibicion al ingreso de las unidades de transporte terrestre con el argumento de la proteccion al ambiente son solo algunas muestras del incumplimiento, por parte de Estados Unidos, de la reciprocidad supuestamente establecida en el Tratado de Libre Comercio, el tan publicitado TLC que impone su condiciones en nombre de la libertad de comercio que sus enunciados pregonan.
"Despite the economic, commercial and financial blockade imposed by the United States against Cuba, now intensified with the application of Title III of the Helms Burton Act, the island continues to advance in the implementation of the 2030 Agenda, and above all in the protection of the rights of our children and adolescents, "Ambassador Ana Silvia Rodrguez Abascal, Alternate Permanent Representative and Charg d'affaires ai of Cuba to the United Nations, said at the annual meeting of the Executive Board of the United Nations Children's Fund (UNICEF).
Por ejemplo, en 1996, con motivo de la aplicacion extraterritorial por parte de Estados Unidos de la Ley Helms Burton, Blanco anuncio que Mexico aplicaria represalias arancelarias contra los estadunidenses, pero pronto lo corrigio el presidente Zedillo:
?A la Helms Burton o a las leyes internas del pais?
Despues de la ley Helms Burton, la Union Americana se arroga ahora el derecho de sancionar practicas monopolicas en otros paises, en clara actitud intervencionista.