European Union and Canada

The following statement was issued April 17 by Federica Mogherini, EU High Representative/Vice President; Chrystia Freeland Minister of Foreign Affairs of Canada; and Cecilia Malmström, EU Commissioner for Trade:

"The decision by the United States to renege on its longstanding commitment to waive Title III of the Helms-Burton (LIBERTAD) Act is regrettable, and will have an important impact on legitimate EU and Canadian economic operators in Cuba. The EU and Canada consider the extraterritorial application of unilateral Cuba-related measures contrary to international law. We are determined to work together to protect the interests of our companies in the context of the WTO and by banning the enforcement or recognition of foreign judgements based on Title III, both in the EU and Canada. Our respective laws allow any U.S. claims to be followed by counter-claims in European and Canadian courts, so the U.S. decision to allow suits against foreign companies can only lead to an unnecessary spiral of legal actions."


This article was published in

Volume 49 Number 14 - April 20, 2019

Article Link:
European Union and Canada


    

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