Mexico to protect national companies affected by Helms-Burton Act

Source: Xinhua| 2019-05-09 16:45:35|Editor: xuxin
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MEXICO CITY, May 8 (Xinhua) -- The Mexican government on Wednesday announced that it will protect Mexican companies that may be affected by the application of Title III of the Helms-Burton Act.

Title III of the Helms-Burton Act allows for lawsuits to be filed in U.S. courts against companies operating on property that the Cuban government seized after the year 1959.

In a statement, Mexico's Foreign Ministry expressed its rejection of the full implementation of Title III, which began on May 2.

"Just like other countries, Mexico analyzes the corresponding legal instances to the implementation of the measures for international rights violations that the Helms-Burton Act represents, as well as to protect Mexico's foreign interests," it said in a statement.

Mexico has a law in force since 1996 that counteracts the extraterritorial effects of the U.S. policy, which qualified as legislation with actions to strengthen the economic, commercial and financial blockade by Washington on Cuba, said the statement.

It stipulates that Mexican courts are obligated to reject the recognition and execution of judgments issued based on the Helms-Burton Act.

The law also prohibits individuals and companies from providing information demanded by foreign courts under the Helms-Burton Act.

"The Mexican government reiterates its rejection of the application of Title III of the Helms-Burton Act, and reaffirms its commitment to legally protect Mexican companies that may be affected," said the statement.