The Cuban industry, which plays a leading role in the island's development plans, also attracts preferentially aggressive actions of the U.S. blockade.
The Cuban industry, which plays a leading role in the island's development plans, also attracts preferentially aggressive actions of the U.S. blockade.
An evidence of this are the demonstrative statistics that the losses suffered for that reason during the year amounted to $73,416,529 million USD, motivated by the problems caused by the aforementioned economic, commercial and financial blockade.
That damage amount is equivalent, no less, than the cost of the whole investment program of that sector scheduled for 2014, something illustrative of the interest reached by those who plan and carry out the siege.
As in other areas, the principal causes for this marked damage are due to the geographical relocation of markets, the immobilization of resources in inventories, variations in the exchange rate for foreign commerce and financial operations determined by the impossibility to use the US dollar.
An important example is the Iron and Steel Industry's Business Group, which reported damage worth $48,471,438 million USD, a really important figure for its operating needs.
The specialists of the Group stated that a range of needs faced by the country could have been covered with this amount of resources, and that statement is exemplified as follows:
About 454,545 1050 aluminium alloy discs could be bought, to manufacture induction stoves and also, 7,000 kits of components to manufacture or repair intensive care beds at hospitals.
The purchase of 154 sugarcane harvesters also would pay.
Finally, Cuba could have bought some 15,900 home refrigerators for the population's replacement plan.
Another of the consequences of the validity of the blockade in this area of the economy can be seen after the acquisition of Flint Group Iberia by U.S. company Goldman Sachs Merchant.
This resulted in the withdrawal to the Cuban firm Ficuba S.L., with no prior warning, thereby putting at risk the printing of the widely -read national newspaper in the country, Granma.
The attacks on the Cuban industry are another black episode in the history of the blockade that the U.S. Congress refuses so far to eliminate
Source: PL