The United States began imposing a trade embargo on Cuba in the 1960s. The United Nations has called on the United States to end economic sanctions against Cuba for the 30th consecutive year. Xie Jinhe, president of Caixin Media, published an article on Facebook under the headline “Lethality of Economic Sanctions: Impressions of Cuba” He stressed that the United States has been imposing economic sanctions on Cuba for more than half a century. Although the United Nations has repeatedly passed resolutions and Europe too hopes to lift the embargo against Cuba, the United States has not made concessions, causing continuous problems for Cuba’s economy. He said that he had already visited Visiting Cuba, the local airport toilets, and even the toilet lids were all stolen.
Xie Jinhe said Cuba’s economy is still in the abyss. In 2020, Cuba’s economic growth rate was a negative 10.9%. Last year’s inflation rate reached 70%. The outbreak has hit the local tourism industry hard. She recalled visiting Cuba five years ago She flew from Cuba to Mexico, the plane was delayed 7 hours and all the toilets and toilet seats at the Cuban airport were stolen. He lamented that after so many years the Cuban economy will retreat if it doesn’t advance, and the long-term economic blockade by the United States still has considerable lethality.
He also shared an interesting story about Cuba. While driving on the highway, he found people on both sides of the road. It turns out that Cuban cars are state-owned and can make some money by carrying passengers along the road. Another impression is that they visited a cigar factory and the workers inside took a chance. They took out 3 cigars and privately sold them to tourists for $10, which fully demonstrated the private economy. under the state system.
Cuba has been under a US economic blockade for more than 60 years. The Cuban government has revealed that US sanctions have caused Cuban economic losses of up to US$150 billion (equivalent to more than NT$4 trillion).
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