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The government of Cuba said the economic, commercial and financial embargo imposed by the United States, which began 50 years ago, caused economic damage in the tune of over 1.1 trillion USD to the country between May 2012 and April 2013. A report issued by Cuba on the United Nations Resolution 67/4 said the blockade affected various sectors including health, food, education and foreign sectors as well as financial institutions, among other things.
While presenting the report at the Cuban Embassy last week, Silvio J. Martinez, Professor at the Adama University, said the country was forced to purchase equipment, medicines and other goods from distant markets because of the embargo. He noted that in 2012 the UN General Assembly adopted a resolution which stated the necessity to end the economic, commercial and financial embargo imposed by the U.S. against Cuba.
Despite protests by the international community and growing opposition within the U.S, the government of once more extended the embargo, the report said. The report urged the U.S government to immediately and unconditionally lift the embargo. Ambassador Juan Manuel Rodriguez on his part said his government is willing to negotiate with the U.S without any preconditions. But the U.S government has set preconditions before any negotiations are held, which is unacceptable to the government of Cuba, he said.