United States embargo against Cuba
The United States embargo against Cuba (in Cuba called el bloqueo, "the blockade") is a commercial, economic, and financial embargo imposed by the United States on Cuba. An embargo was first imposed by the United States on Cuba on October 19, 1960 (almost two years after the Fulgencio Batista regime was deposed by the Cuban Revolution) when the U.S. placed an embargo on exports to Cuba except for food and medicine after Cuba nationalized American-owned Cuban oil refineries without compensation. The United States imposed an arms embargo on Cuba on March 14, 1958 during the armed conflict between rebels led by Fidel Castro and the Fulgencio Batista regime. The arms embargo had more of an impact on Batista than the rebels. After the Castro socialist government came to power on January 1, 1959, Castro made overtures to the United States, but was rebuffed by the Dwight D. Eisenhower administration, which by March began making plans to help overthrow him.
Cuba nationalized the refineries following Eisenhower's decision to cancel 700,000 tons of sugar imports from Cuba to the U.S. and refused to export oil to the island, leaving it reliant on Soviet crude oil. All American oil companies refused to refine Soviet oil, leading the Cuban government to nationalize the refineries. The refinery owners were never compensated for the Cuban nationalization of their property. Today the refineries are owned & operated by the state-run company, Unión Cuba Petróleo.
On February 7, 1962 the embargo was extended to include almost all imports. Currently, the Cuban embargo is enforced mainly through six statutes: the Trading with the Enemy Act of 1917, the Foreign Assistance Act of 1961, the Cuban Assets Control Regulations of 1963, the Cuban Democracy Act of 1992, the Helms–Burton Act of 1996, and the Trade Sanctions Reform and Export Enhancement Act of 2000.
The stated purpose of the Cuban Democracy Act of 1992 is to maintain sanctions on Cuba so long as the Cuban government refuses to move toward "democratization and greater respect for human rights". The Helms–Burton Act further restricted United States citizens from doing business in or with Cuba, and mandated restrictions on giving public or private assistance to any successor government in Havana unless and until certain claims against the Cuban government were met. In 1999, President Bill Clinton expanded the trade embargo by also disallowing foreign subsidiaries of U.S. companies to trade with Cuba. In 2000, Clinton authorized the sale of "humanitarian" U.S. products to Cuba.
Despite the Spanish term bloqueo (blockade), there has been no physical, naval blockade of the country by the United States after the Cuban Missile Crisis in 1962. The United States does not block Cuba's trade with third parties: other countries are not under the jurisdiction of U.S. domestic laws, such as the Cuban Democracy Act (although, in theory, foreign countries that trade with Cuba could be penalised by the U.S., which has been condemned as an "extraterritorial" measure that contravenes "the sovereign equality of States, non-intervention in their internal affairs and freedom of trade and navigation as paramount to the conduct of international affairs."). Cuba can, and does, conduct international trade with many third-party countries; Cuba has been a member of the World Trade Organization (WTO) since 1995.
Beyond criticisms of Human rights in Cuba, the United States holds $6 billion worth of financial claims against the Cuban government. The pro-embargo position is that the U.S. embargo is, in part, an appropriate response to these unaddressed claims. The Latin America Working Group argues that pro-embargo Cuban-American exiles, whose votes are crucial in Florida, have swayed many politicians to also adopt similar views. The Cuban-American views have been opposed by some business leaders who argue that trading freely would be good for Cuba and the United States.
At present, the embargo, which limits American businesses from conducting business with Cuban interests, is still in effect and is the most enduring trade embargo in modern history. Despite the existence of the embargo, the United States is the fifth largest exporter to Cuba (6.6% of Cuba's imports are from the US). Cuba must, however, pay cash for all imports, as credit is not allowed.
The UN General Assembly has, since 1992, passed a resolution every year condemning the ongoing impact of the embargo and declaring it to be in violation of the Charter of the United Nations and international law. In 2014, out of the 193-nation assembly, 188 countries voted for the nonbinding resolution, the United States and Israel voted against and the Pacific island nations Palau, Marshall Islands and Micronesia abstained. Human rights groups including Amnesty International, Human Rights Watch, and the Inter-American Commission on Human Rights have also been critical of the embargo. Critics of the embargo say that the embargo laws are too harsh, citing the fact that violations can result in 10 years in prison.