Bush extends suspension of application of Title III of the
Helms-Burton Act
WASINGTON, July 17.—U.S.
President George W. Bush has extended for six
months starting August a regulation that suspends
cases being brought against Cuba by U.S. Americans
for properties nationalized on the island, which is
contemplated in Title III of the Helms-Burton Act.
Bush sent a letter to Foreign Relations and
Budget Assignations Committees in both chambers of
Congress – dated Sunday and made public today –
which notes that the measure is necessary for U.S.
national interests and to accelerate the transition
to democracy in Cuba, EFE reports.
In its Titles III and IV the Helms-Burton Act
establishes punishments for foreign enterprises with
businesses in Cuba, allows claims against companies
or persons using the goods of U.S. citizens or
companies nationalized by the Cuban government and
refuses entry into the United States of the
directors of such companies.