WASHINGTON.—The U.S. Justice Department announced November 26 that it had reached an agreement with the Swiss Weatherford International Ltd. oil services company, on a $252 million fine for alleged violations of U.S. sanctions imposed on countries such as Cuba, Iran and Sudan.
The measure falls within the framework of the Trading with the Enemy Act (TWEA), unilaterally imposed by the U.S. government.
This new aggression on the part of U.S. authorities confirms the evidence presented in Cuba’s latest report to the United Nations “On the need to end the economic, commercial and financial blockade imposed on Cuba by the United States,” a demand recently supported by 188 UN member countries.
“The Cuban oil and gas industry is the target of measures designed by the U.S. government to hinder its development, access to advanced technologies, to oil products and the necessary financing for its growth. It is an attempt to paralyze the sector and obstruct modernization, technological updates, access to spare parts and participation in the process of innovation,” the report’s text states.
The Cuban report presented to the United Nations notes that the blockade of the country undermines the sovereignty of third countries and the rights of individual citizens and enterprises not subject to U.S. legislation. (SE)