8 Views

EU issues strong warning to US

The European Union, on Wednesday warned the United States against potential moves that would impact European interests in Cuba.

U.S. media reported earlier that the Trump administration might later on Wednesday reverse waivers which had previously been in place to protect foreign companies from lawsuits in the U.S. for their dealings with Cuba.

There have been years of waivers for a provision in a 1996 domestic law of the U.S., known as the Helms-Burton Act, that safeguarded foreign companies from U.S. lawsuits.

However, the Trump administration will reportedly do away with the waivers, potentially opening foreign businesses including those from Europe to lawsuits.

A spokesman for the European Commission told a briefing in Brussels that “the European Union reiterates its strong opposition to the extraterritorial application of unilateral restrictive measures which it considers contrary to international law.’’

“The EU is ready to protect European interests including European investments and the economic activities of EU individual and entities in their relations with Cuba,’’ he added.

You may be interested

Check Out The Adorable Family Of Super Eagles Player, Mikel Obi
Latest News
Latest News

Check Out The Adorable Family Of Super Eagles Player, Mikel Obi

Ademola Yakubu - May 21, 2019

 Mikel Obi and his family Super Eagles Captain, John Mikel Obi's Russian partner, Olga Diyachenko, shared this adorable family photo…

Why Our Father’s Dead Body Spent 15 Years In Mortuary – Family Tells Interesting Story In Imo
Latest News
Latest News

Why Our Father’s Dead Body Spent 15 Years In Mortuary – Family Tells Interesting Story In Imo

Ademola Yakubu - May 21, 2019

Forty-eight-year-old Jerry Ajenre has been working as a mortician at St. Felix Hospital and Embalmment Centre, Mgbidi, in Oru West…

Man Reveals How You Can Recover Your Money If You Are Scammed By Yahoo Boys
Latest News
Latest News

Man Reveals How You Can Recover Your Money If You Are Scammed By Yahoo Boys

Ademola Yakubu - May 21, 2019

File photo A Nigerian man has revealed how victims of fraud by internet fraudsters can recover their stolen money with…

Leave a Comment

Your email address will not be published.