text: 57. similarly, cuba shall not be regarded as fulfilli.ng the requirements forerigibility taid do'n in the 1974 Trade Act, as amended by the Trade AgreemenrsAct, for the financing provided by EXIMBANK.IA/40/s96 English Page 33 58. These discrininacory measures against cuba in nonetary and financial matters together constituEe an aggressive act chaE has caused Ehe Cuban economy to incur sizeable losses. The probibition on the use of the united stales dollar lnpedes cuba's access to the main gources of funds on the international money market by forcing it to operate in other currencies' thus creating a situation wbich holds back the development of Cuban international econotnic relations' particularly trade relaEions, 59. The prohibition oD access to North A.merican banks and the boycottsing of cuba by internaeional financial and lending institutions still furcher restrict tbe possibilitles of obtaining foreign financing for the Cuban econorny' 60, The aggression in lhis field also hanpers access to credit on favourable or even competitive terrns, owing to tshe restrictions that result fron it in the capical narkets, 6I. Under the present RePublican Adrnin istra t ion ' che enbargo policy has taken on a new lease on life through the actions described belor': Prohibition on tourist travel to cuba vla American Airways charEer Jnc' under an order issued oy the Departnent of the Treasuryt prohibition on buainess and tourist travel co cuba, including the use of credi! cards and cash palments for transport and expenses during a stay jn Cuba, also unaler an order of the Department of the Treasury' During 1982' the economic enbargo imPosed by the united States GovernrnenE continued and was intensified through pressure of a sPecial and exlraordinary kind' According to partial estimates prepared by higtt-Level experts and specialists' not including interest and otber financial items, the enbarqo has neanE econonic losses amounting to more than $9 billion or alnost lhree tines the nationrs total external debt in convertible currency,
analysis: The text appears to be discussing the economic impact of the US embargo on Cuba, specifically the restrictions on financial transactions, trade, and travel. It highlights the negative effects on Cuba's economy, including significant losses and limitations on access to international markets and financing.