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Cuban Economy

Cuba’s victory in London against Vulture Funds

Cuba’s victory in London against Vulture Funds
Cuba won a lawsuit when the sentence was handed down establishing that the vulture fund CFR Investment Limited is not a creditor of the Cuban State.

Author: Radio Habana Cuba | internet@granma.cu

april 4, 2023 10:04:45

Photo: Granma
Havana, April 4 (RHC) Cuba won a lawsuit when the sentence was handed down establishing that the vulture fund CFR Investment Limited is not a creditor of the Cuban State.
During the hearing held this Tuesday, April 4 (08:45 am in London) in the High Court of England and Wales, Judge Sara Cockerill notified the lawyers of both parties of the ruling corresponding to the lawsuit filed by the vulture fund CRF I Limited against the Republic of Cuba and the National Bank of Cuba (BNC, in Spanish). The determination accepts the approach sustained by the Cuban party during the process and dismisses the CRF claim against the Cuban State.
The judicial resolution confirms that the irregularities committed by BNC officials, first subject to criminal investigation and later to a judicial sentence, were reasonable grounds for the Cuban government to deny its consent to assign the debt in favor of CRF.
The document affirms, as the Republic of Cuba had been claiming, that the BNC does not have the legal capacity or authority to represent the country. This confirms that CRF is a stranger in the financial instruments it claimed against the Caribbean country and did not have the right to establish the claim in London. The Republic of Cuba is, therefore, immune to English jurisdiction and has no obligation to respond with its assets to this claim.
As previously explained, the central purpose of the judicial process was to determine whether the English court was competent to hear the claim of CRF as a creditor of the BNC and of the Republic of Cuba.
According to the sentence notified this morning, CRF is not a creditor of the Cuban State, which means that the Republic of Cuba is out of the lawsuit. From now on the process will continue only against the BNC, which will have the right to establish the claims that English law allows. (Source: Prensa Latina)

Peace Accords

Cuba will host the third cycle of talks between the Government of Colombia and the National Liberation Army

Cuba will host the third cycle of talks between the Government of Colombia and the National Liberation Army.
The Government of Cuba accepted the official request of the Government of the Republic of Colombia and the National Liberation Army to hold the Third Cycle of the Table of Peace Dialogues between these two parties in Havana, Cuba,.

Author: Redaction International | informacion@granmai.cu

march 17, 2023 06:03:55

“Our Government is honored to accept the official request of the Government of the Republic of Colombia and the National Liberation Army (ELN in Spanish) to hold in Havana the Third Cycle of the Peace Dialogue Table, and contribute to achieve the longed-for peace for the sister nation.”
The First Secretary of the Party’s Central Committee and President of the Republic, Miguel Díaz-Canel Bermúdez, tweeted as a reaffirmation of the Island’s willingness to continue as guarantor and alternative venue of the Peace Dialogue Table, as previously agreed in a meeting with the Colombian Minister of Foreign Affairs and Peace, Álvaro Leyva Durán; the Colombian High Commissioner for Peace, Iván Danilo Rueda Rodríguez, and Commander Pablo Beltrán, for the ELN.
In a communiqué, the peace delegations of the Colombian Government and the ELN deeply thanked the Cuban Government and its people for “the unconditional disposition and the fundamental support that, for more than four decades, they have given to the peace building efforts.”
They emphasized that “the permanent and neutral commitment to the reconciliation of Colombians demonstrates, contrary to any claim that would cast doubt on it, that Cuba is a beacon of hope and peace for the rest of the continent.”
“Its people and its government have paid a high cost for this commitment,” reads the document, and also assures that the archipelago “was unjustly included in the list of countries sponsoring terrorism for complying with what was agreed at the beginning of the peace process that summons us today”, for which reason “Colombia recognizes and values this sacrifice.”

Cuban Medical Brigades

Díaz-Canel welcomes the return of the Cuban medical brigade from Türkiye

Díaz-Canel welcomes the return of the Cuban medical brigade from Türkiye
The first secretary of the Central Committee of the Communist Party of Cuba and president of the Republic, Miguel Díaz-Canel greeted the return of the Caribbean nation’s medical brigade that collaborated in Türkiye, after the earthquakes that devastated several areas of that nation last February 6.

Author: Radio Habana Cuba | internet@granma.cu

march 13, 2023 10:03:26

Photo: Ricardo López Hevia
Havana, March 12 (RHC) The first secretary of the Central Committee of the Communist Party of Cuba and president of the Republic, Miguel Díaz-Canel greeted the return of the Caribbean nation’s medical brigade that collaborated in Türkiye, after the earthquakes that devastated several areas of that nation last February 6.
In his Twitter profile, the dignitary wrote: “Welcome back to the Homeland after writing a glorious page of solidarity, altruism, and friendship”.
The members of the ‘Henry Reeve Brigade returned the day before after treating some 3,755 patients in 24 days of work, including 620 children.
In statements to Prensa Latina news agency, the head of this solidarity group, Juan Carlos Dupuy described as timely, professional, and beautiful work carried out by the 32 collaborators from the Antillean nation. (Source: ACN)

CUBA, Human Rights

Foreign Affairs of Cuba, Bruno Rodríguez Parrilla, at the Human Rights Council, Geneva, 2/28/23

 

Cuba’s voice will continue to be raised with a universal vision from the South
Speech by the Minister of Foreign Affairs of Cuba, Bruno Rodríguez Parrilla, at the High-level Segment of the 52nd Session of the Human Rights Council, Geneva, 28 February 2023

Author: Radio Habana Cuba | internet@granma.cu

March 9, 2023 07:03:16


Mr. President:

Far from encouraging the construction of a more united and cooperative world, inequalities, poverty, hunger and exclusion are multiplying. A tiny minority enjoys the exponential increase of its wealth, while the vast majorities struggle for survival.

Current patterns of production and consumption are irrational and unsustainable and threaten the existence of the human species.

It is essential to fight for a just, democratic and equitable international order centered on the human being, on the peoples of the world.

The promotion and protection of human rights is a common ideal. No country is exempt from the challenges, and none has the authority to consider itself a paradigm in the matter, to judge others, and much less, to politicize and use them to stigmatize sovereign states and economic-social projects that do not conform to the designs of the masters of finance, markets and weapons.

The imperialist attempts to turn this Human Rights Council into a tribunal against countries that do not subordinate themselves to the geopolitical interests of powerful governments erode the credibility of this body and would seem to be trying to take it back to the ways of the defunct Commission on Human Rights, which imploded precisely because of those practices.

Cuba, as a founding member State of the Human Rights Council, defends respectful and constructive dialogue and international cooperation.

We advocate the full exercise of and respect for the principles of universality, indivisibility, objectivity and non-selectivity in the treatment of the subject.

In this spirit, we present our candidacy for re-election as a member of the Human Rights Council, for the period 2024-2026, in the elections to be held next October. We thank in advance the confidence of all those countries that have already given us their valuable support.

Cuba’s voice will continue to be raised with a universal vision but from the South, in favor of the legitimate interests of developing countries, the poor, the neglected and excluded, from constructive engagement, responsible dialogue and the unwavering responsibility for the full realization of human rights for all.

Mr. President:

The U.S. government applies a genocidal policy of blockade, intensified in the extreme and of “maximum pressure”, which has subjected the Cuban economy to extraordinary tensions that impact on the deterioration of consumption and the standard of living of families, on inflation, prices, salaries, availability of food and medicines, and on the electric service; and hits the country’s income, financial transactions, industry, construction, services, trade, investment, health and education.

The infamous and unfounded inclusion of Cuba in the State Department’s arbitrary list of countries that allegedly sponsor terrorism further aggravates the difficult situation caused by the blockade and has devastating effects on our financial system.

U.S. imperialism finances destabilization and “regime change” operations, slander against Cuban international medical cooperation, and smear campaigns; it uses powerful toxic technological platforms and encourages censorship and manipulation of large digital networks against Cuba.

This illegal policy deliberately stimulates emigration, especially of qualified people of active working age.

Cuba rises every day facing these attacks, joining efforts, innovating, with an unlimited capacity for resistance and creativity; and advances in the inclusive debate, democratic participation, particularly of young people; and the fruitful and renewing change of “everything that must be changed”.

We continue with firm and irreversible steps to perfect the socialist state of law and social justice, and our socialist model of cultural, social and economic development, with the broad majority and active support of the Cuban people.

We are deeply grateful for the international solidarity and cooperation that Cuba receives from all corners of the world.

Mr. President:

In a free and universal referendum in 2019, we adopted a new Constitution with the secret vote of 87% of the citizens that strengthens the guarantees and the legal-institutional framework for the protection and promotion of human rights for all Cubans.

We implemented the National Program for the Advancement of Women, the Comprehensive Strategy for the Prevention and Attention to Gender Violence and in the Family Scenario; the National Program against Racism and Racial Discrimination, and the new Family Code, approved by referendum with 62% support.

Mr. President:

We will act from the high responsibility assumed with the Presidency of the Group of 77 plus China in 2023, convinced that a better world is possible, if we listen to the voice of our peoples, work for their benefit and defend with courage and close unity the collective and just interests of the South.

Thank you very much.