• About Us
  • Careers
  • Brand Partnerships
TFI Official Merchandise
TFI English
TFI हिन्दी
Wednesday, July 6, 2022
TFIGlobal
TFIGlobal
Right Arm. Round the World. FAST.
No Result
View All Result
  • Indo-Pacific
  • Americas
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • Premium
  • Indo-Pacific
  • Americas
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • Premium
TFIGlobal
TFIGlobal
No Result
View All Result

A Castro less Cuba finds a friend in India, and the message

Kanika Batra Arora by Kanika Batra Arora
April 16, 2022
in Americas, Geopolitics, Global Issues
Reading Time: 3 mins read
0
A Castro less Cuba finds a friend in India, and the message

The First Vice President of Republic of Cuba, Mr. Miguel Diaz-Canel Bermudez Mario calling on the Prime Minister, Shri Narendra Modi, in New Delhi on March 23, 2015.

199
VIEWS
Share on FacebookShare on Twitter
Become a Patron!
Credit: NPR News

As a result of the United States’ heavy sanctions, Cuba has been isolated for decades. For obvious reasons, Russia has proven to be a vital ally for Cuba in the midst of all of this. However, amid the Russia-Ukraine crisis, Russia is preoccupied with the war and thus a void has been created. As a result, India is working to improve and grow its trade relations with Cuba. India plans to extend a line of credit to Cuba (LOC) of Euro 100 million.

Communism to Capitalism

Nonetheless, under former US President John F. Kennedy, the United States imposed an embargo on communist Cuba, effectively isolating it from the rest of the world. The United States, however, has maintained a back channel with Cuba, rendering Cuba completely reliant on the United States for survival.

Also Read

“They acted without my orders,” Zelensky blames top military leadership

No oil-producing country on the planet ever dares to speak a word against Russia. Here’s why

In addition, the Cuban economy has been enslaved by Communism for more than half a century, with state-run businesses dominating the economy. The Cuban government owns and oversees the vast majority of businesses, as well as employs the vast majority of the country’s inhabitants. With the conclusion of the Castro era, however, a new Cuba emerged, led by President Miguel Dáz-Canel.

Cuba’s economy, however, is currently facing difficulties. A dip in GDP was caused by the outbreak of the Covid-19 pandemic, which was exacerbated by the severity of US sanctions and a general decline in the tourism sector. Against this backdrop, the Cuban President has decided to ease government restrictions on the economy.

India is a friend in need of Cuba

Furthermore, at this time of distress, Cuba is seeking assistance from its allies in overcoming the crisis. But as mentioned Russia has its own pre-occupation amid prolonged ongoing conflict. But who will step in to fill the void left by Russia’s absence? China, the United States, or India could be the possible answers. If China hadn’t been financially tight, it would have addressed Cuba much sooner. This has been demonstrated by China’s withdrawal of funding in Pakistan, Kenya, and Sri Lanka. In any case, relying on China is dangerous because it might trap Cuba in its “debt trap policy,” exacerbating the situation, just like what happened with Sri Lanka.

Talking about the US; as is well known, there will never be a way out of Cuba’s current situation for the United States. As a result, India appears to be the only viable option. Therefore, India is ready to take advantage of the situation to aid Cuba’s economy, which has been devastated by the decades of sanctions and the Covid-19 pandemic. India will shortly offer a Line of Credit (LOC) of  100 million Euros to Cuba, a Caribbean country. This isn’t the first time India has stepped up to assist it, India has provided the country with a line of credit in the past as well.

However, assisting Cuba in the current situation sends a clear and strong message to the US that Cuba is no longer a pariah state. It has complete freedom to form relationships with anyone it wants. In addition, while the US threatens India over its backing for Russia in the Ukraine-Russia conflict, India is strengthening ties with Cuba right under Washington’s nose. The US has also tried to threaten India with sanctions under CAATSA and for human rights violations. But the US must be clear, that it has no reason to interfere in the diplomatic matters of India. And as a sovereign state, India has the right to maintain its ties with other countries, which the US cannot meddle with.

Tags: CubaRaul CastroRussiaThe United States
ShareTweetSend
Previous Post

LHH Meaning with Explanation and Definition

Next Post

How Biden helped Russia strengthen the Ruble to become the best-performing currency

Also Read

China’s rare earth dominance meets an unexpected disaster from Turkey

China’s rare earth dominance meets an unexpected disaster from Turkey

July 6, 2022
“They acted without my orders,” Zelensky blames top military leadership

“They acted without my orders,” Zelensky blames top military leadership

July 6, 2022
EU sets its bridges to China on fire as Chinese companies lose infrastructure projects en masse

EU sets its bridges to China on fire as Chinese companies lose infrastructure projects en masse

July 6, 2022
China doesn’t need PR agencies when the Trudeau government is already spending millions to whitewash CCP’s genocide

China doesn’t need PR agencies when the Trudeau government is already spending millions to whitewash CCP’s genocide

July 6, 2022
Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

  • Trending
  • Comments
  • Latest
Zimbabwe inflation

Zimbabwe ditches American Dollar and shifts to gold; more African nations to follow the suit

July 1, 2022
Japan has withdrawn a sizeable chunk of its foreign reserves from the US and a domino effect is on the cards   

Japan has withdrawn a sizeable chunk of its foreign reserves from the US and a domino effect is on the cards  

June 20, 2022
Algeria Russia

Algeria sends shockwaves in Europe by announcing an ‘extra premium’ on gas supplies

July 2, 2022
Russia crashes West’s chip infrastructure by turning off Helium and Neon supplies

Russia crashes West’s chip infrastructure by turning off Helium and Neon supplies

June 3, 2022
Russia hits the goldmine in Uganda

Russia hits the goldmine in Uganda

June 26, 2022
Zimbabwe inflation

Zimbabwe ditches American Dollar and shifts to gold; more African nations to follow the suit

China, Kenya, Xi Jinping

China decides to stop investing in Africa because Africans take money and that’s pretty much it

Iran, Gas Supply, erdogan, Russia, Turkey

Iran shuts gas supplies to Turkey after Erdogan’s mindless rant against Russia

Iran cuts off the last oil supply line to the US and the West

Iran cuts off the last oil supply line to the US and the West

Russia hits the goldmine in Uganda

Russia hits the goldmine in Uganda

China’s rare earth dominance meets an unexpected disaster from Turkey

China’s rare earth dominance meets an unexpected disaster from Turkey

July 6, 2022
“They acted without my orders,” Zelensky blames top military leadership

“They acted without my orders,” Zelensky blames top military leadership

July 6, 2022
EU sets its bridges to China on fire as Chinese companies lose infrastructure projects en masse

EU sets its bridges to China on fire as Chinese companies lose infrastructure projects en masse

July 6, 2022
China doesn’t need PR agencies when the Trudeau government is already spending millions to whitewash CCP’s genocide

China doesn’t need PR agencies when the Trudeau government is already spending millions to whitewash CCP’s genocide

July 6, 2022
Whenever Xi expected a red-carpet welcome, the world gave him a rude snub

Whenever Xi expected a red-carpet welcome, the world gave him a rude snub

July 6, 2022
Youtube Twitter Facebook
TFIGlobal
  • About us
  • Contact Us
  • Terms of use
  • Privacy Policy

©2022 - TFI MEDIA PRIVATE LIMITED

No Result
View All Result
  • Indo-Pacific
  • Americas
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • Premium

©2022 - TFI MEDIA PRIVATE LIMITED

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Follow us on Twitter

and never miss an insightful take by the TFIGlobal team

Follow @tfiglobal
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. View our Privacy and Cookie Policy.