THE PRESIDENT announced today an embargo upon trade between
the United States and Cuba. He said that on humanitarian grounds exports
of certain foodstuffs, medicines, and medical supplies from the United
States to Cuba would be excepted from this embargo.
The President acted under the
authority of section 620(a) of the Foreign Assistance Act of 1961. He stated
in his proclamation that the embargo was being imposed in accordance with
the decisions of the recent Meeting of Foreign Ministers of the Inter-American
System at Punta del Este, Uruguay.
The President pointed out that
the embargo will deprive the Government of Cuba of the dollar exchange
it has been deriving from sales of its products in the United States. The
loss of this income will reduce the capacity of the Castro regime, intimately
linked with the Sino-Soviet bloc, to engage in acts of aggression, subversion,
or other activities endangering the security of the United States and other
nations of the hemisphere.