The Cuban Trade Embargo 4 Pages 1043 Words

In the summer of 1960, the United States began a process to be gradually strengthened after that. This process is a Cuban trade embargo. The process began when the Cuban government ordered two American oil companies, Standard and Texaco, to refine Soviet crude at Cuba refinery. Both companies refused this, surprisingly, the response of Cuba on July 1 of the same year was to nationalize the shares of both companies in Cuba. However, this is only one of the three main factors leading to Cuba's trade embargo. The second reason is to increase expenses to maintain alliances and pursue policies that do not contribute to the interests of the US for Soviet and Cuba. Third, reducing resources Cuba can support revolutionary movements, especially in Latin America.

At the time, all of these goals were considered perfectly valid. After all, they were formulated in the context of Cold War and Castro's oath to bring about a revolution in the Southern Hemisphere. But this is the period of crisis and uncertainty of this country in 1960. In today's world, the country's revolution is almost unprecedented, the Soviet Union has collapsed, and we continue to be one of the few countries that have continued to impose trade ban on Cuba. The US must stop trade embargo against Cuba

On Wednesday, 28 November 2001, the United Nations voted on whether to support a trade embargo between the US and Cuba. The United Nations voted for ten consecutive years against three years from embargo 167. Only the United States, Israel, Marshall Islands voted to support embargo. Despite being the overwhelming majority, the US refused to end the embargo measure. Instead, it continues to pursue sanctions and delete them, depending on then president. US final sanction against Cuba

In the 1950s, more than two-thirds of Cuba's foreign trade was related to the United States. By 1961 Cuba - USA. Trade fell to 4% and soon the US government 's embargo policy was completely canceled. Trade was transferred to the Soviet Union and other socialist countries, and in 1972 Cuba became an active member of the eastern group Comecon (Economic Mutual Association Committee, dissolved in 1991). By the end of the 1980s, nearly three quarters of Cuba's trade was related to the Soviet Union and it was a very favorable condition for Cuba. After the collapse of the Soviet Union in 1991, the overall trade in Cuba sharply declined. Since the sale of food to Cuba by amendment of the embargo law in 2002, the United States is again the largest trading partner.

In the summer of 1960, the United States began a process to be gradually strengthened after that. This process is a Cuban trade embargo. The process began as the Cuban government ordered the two American oil companies, Standard and Texaco to refine Soviet crude at their Cuban refinery. Both companies refused this, surprisingly, the response of Cuba on July 1 of the same year was to nationalize the shares of both companies in Cuba. However, this is only one of the three main factors leading to Cuba's trade embargo. The second reason is to increase expenses to maintain alliances and pursue policies that do not contribute to the interests of the US for Soviet and Cuba. Third, reducing resources Cuba can support revolutionary movements, especially in Latin America.