Cuban Blockade Affects Export Sector of Economy

Havana - The restrictions of the U.S. economic, commercial and financial blockade against Cuba affect Cuban foreign trade and hinder the development of the foreign investment.

According to the report carried out from April 2015 to April 2016, the losses due to the blockade in this period amounted to $4.10 billion USD, a much higher figure compared to the previous period.

Health and biotechnology are the sectors most affected by this economic and commercial siege.

American citizens and sometimes citizens from other countries were denied access to more than 200 quality medical programs offered by the Caribbean nation, at a loss of over $31 million USD during the period.

The sale of the Cuban drug Heberprot-P (which aids feet care for those with diabetics) to only 5% of the American population would earn the Cuban biotechnology industry around $122 million USD annually.

Other drugs such as Melagenina Plus, Coriodermina and Piloactive Lotion -to treat vitiligo, psoriasis and alopecia, respectively - would benefit much of the U.S. population and generate big profits for Cuba in turn.

Another Cuban biotechnology industry drug is Vidatox 30CH, a treatment for patients with cancer, which Americans are banned from purchasing. The export of this medicine to the United States would generate an income of about $900 million USD.

The lifting of the 50-year blockade would mutually benefit both countries.

Compartir
FaceBook  Twitter

Culture


Fifty years telling stories

The Los Cuenteros Puppet Theater Company  celebrated its 50th anniversary this November 19 at the Museum of Humor, located in San Antonio de los Baños, with the exhibition ''Fifty years telling stories''. The exhibition shows photographs, puppets and costumes used by Los Cuenteros in various performances since 1969.

Read More

Cuban minister stress importance of culture for the fulfillment of Agenda 2030

Paris - Cuba’s Minister of Culture, Alpidio Alonso, assessed the role of culture in the United Nations Agenda 2030 for Sustainable Development, during a multilateral forum held ay UNESCO headquarters in Paris.

Read More

For the quality of teaching

"At the Eduardo Abela Villarreal Vocational Art School, located in San Antonio de los Baños, the quality of the teaching-educational process is prioritized," said Mirelis Ferrer Llanes, head of the General Teaching Department at this institution.

Read More

RECOMMENDATIONS

reflexiones

 

Selected Speeches by Fidel Castro

News archive

November 2019
Mo Tu We Th Fr Sa Su
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 1

Pictures

http://www.artemisaradioweb.icrt.cu/sitenglish/images/images_1ro mayo/666.jpghttp://www.artemisaradioweb.icrt.cu/sitenglish/images/images_1ro mayo/555.jpghttp://www.artemisaradioweb.icrt.cu/sitenglish/images/images_1ro mayo/444.jpghttp://www.artemisaradioweb.icrt.cu/sitenglish/images/images_1ro mayo/333.jpghttp://www.artemisaradioweb.icrt.cu/sitenglish/images/images_1ro mayo/222.jpghttp://www.artemisaradioweb.icrt.cu/sitenglish/images/images_1ro mayo/1111.jpghttp://www.artemisaradioweb.icrt.cu/sitenglish/images/images_1ro mayo/cuba_eua_bandera.jpghttp://www.artemisaradioweb.icrt.cu/sitenglish/images/images_1ro mayo/9.JPGhttp://www.artemisaradioweb.icrt.cu/sitenglish/images/images_1ro mayo/8.JPGhttp://www.artemisaradioweb.icrt.cu/sitenglish/images/images_1ro mayo/7.JPGhttp://www.artemisaradioweb.icrt.cu/sitenglish/images/images_1ro mayo/2.JPGhttp://www.artemisaradioweb.icrt.cu/sitenglish/images/images_1ro mayo/12.jpghttp://www.artemisaradioweb.icrt.cu/sitenglish/images/images_1ro mayo/11.JPG