On June 13, Cuba denounced the continuation of the United States economic, commercial, financial blockade and its extraterritorial reach, an example of which was the fine recently levied against American Honda Finance Corporation’s (AHFC) Canadian subsidiary.
Prensa Latina, citing a press release by the island’s permanent mission to the United Nations, reported that the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) imposed a fine of 87,255 dollars on the company for violating blockade regulations regarding Cuba.
According to the diplomatic delegation, the sanction comes after the subsidiary approved and financed 13 agreements linked to car rentals by the Cuban Embassy in Canada from a Honda dealership in Ottawa, between February 2011 and March 2014.
This is the first such a fine has been imposed under the government of Donald Trump who arrived to the White House on January 20, where his predecessor, Barack Obama previously announced the start of a process of rapprochement between the two countries, in December of 2014.
Over the last two and half years, the U.S. government has imposed more than 2,842,000 dollars worth of fines against a total of 11 entities - six from the U.S. and four international - according to the Cuban mission.
The delegation also highlighted that the latest fine is another on the long list of unilateral measures applied under the blockade, which after more than 50 years remains in force.
Regarding the recent fine, the measure not only impacts the work of Cuban diplomats in third countries but also harms Canadian citizens and companies, noted the mission.