Diaz-Canel Exuberantly Receives a Minister From Saudi Arabia and His Millionaire Proposals for Cuba

14ymedio, Havana, 20 May 2023 — Despite his busy schedule of support to Russia in the last 48 hours, Cuban President Miguel Díaz-Canel found time to receive this Friday Ahmed Bin Aqeel Al-Khateeb, Minister of Tourism of Saudi Arabia and president of the Board of Directors of the Saudi Development Fund. As in the case … Continue reading “Diaz-Canel Exuberantly Receives a Minister From Saudi Arabia and His Millionaire Proposals for Cuba”

Red Carpet in Cuba for the Russians: Land in Usufruct for 30 Years and Tax Exemptions

14ymedio, Madrid, 18 May 2023 — “They are giving us preferential treatment, the road is paved.” The words of Boris Titov, president of the Cuba-Russia Business Council, at the inauguration of the bilateral business economic forum this Wednesday at the Hotel Nacional in Havana, eloquently illustrate the state of the relationship between the two countries. … Continue reading “Red Carpet in Cuba for the Russians: Land in Usufruct for 30 Years and Tax Exemptions”

Cuba and Russia Sign a Memorandum To Promote Joint Investment Projects

EFE (via 14ymedio), Havana, 5 May 2023 — In Havana on Thursday, Cuba and Russia signed a memorandum of understanding for the bilateral investment initiative that includes the business projects agreed to between the two countries with the aim of expanding their relations. Cuba’s Deputy Prime Minister and Head of Foreign Trade and Foreign Investment, … Continue reading “Cuba and Russia Sign a Memorandum To Promote Joint Investment Projects”

Russia’s Waste of Good Intentions Towards Cuba During the Visit of Putin’s Economic Adviser

14ymedio, Madrid, 3 May 2023 — This is the third consecutive week of a high-level Russian visit to Cuba. Maxim Oreshkin, economic adviser to President Vladimir Putin, met on Tuesday with the highest authorities of the Island, starting with President Miguel Díaz-Canel, who highlighted from Moscow his “enormous sensitivity to Cuba’s problems.” The Cuban president … Continue reading “Russia’s Waste of Good Intentions Towards Cuba During the Visit of Putin’s Economic Adviser”

Cuba and Russia: a Lot of Noise, Little Substance

14ymedio, Elías Amor Bravo, Economist, 3 May 2023 — The old guys, you already know. Cuba’s new deputy prime minister and, at the same time, minister of foreign trade and foreign investment, Ricardo Cabrisas, who replaced the all-powerful Malmierca at the head of the leadership of the wealth economy in Cuba, has debuted in office … Continue reading “Cuba and Russia: a Lot of Noise, Little Substance”

Cuba and Vietnam Sign Four Cooperation Agreements in Economic Sectors

EFE (via 14ymedio), 21 April 2023 — Cuba and Vietnam signed four economic cooperation agreements this Thursday during a business forum in Havana with the presence of the president of the Vietnamese National Assembly, Vuong Dinh Hue. The agreements cover the sectors of civil aviation, electric power, oil, as well as construction, marketing and production … Continue reading “Cuba and Vietnam Sign Four Cooperation Agreements in Economic Sectors”

Russia and Cuba Address the ‘Unacceptable’ Unilateral Sanctions Against Their Countries

EFE (via 14ymedio), Moscow, 18 November 2022 — On Thursday, the Russian Deputy Foreign Minister Sergey Riabkov and the Deputy Prime Minister of Cuba, Ricardo Cabrisas, addressed the “unacceptable” unilateral sanctions against their respective countries. Both “underlined the firm position of both countries that unilateral sanctions in violation of the UN Charter and the principles … Continue reading “Russia and Cuba Address the ‘Unacceptable’ Unilateral Sanctions Against Their Countries”

Cuba Wants to Import Russian Fertilizers, Hydrocarbons and Wheat

14ymedio (With information from EFE), Madrid, 18 November 2022 — Cuba has shown interest in fertilizers, hydrocarbons and wheat from Russia at the XIX meeting in Moscow of the intergovernmental commission for cooperation between the two nations. “The Cuban side expressed its interest in stable supplies to the Island of fertilizers, hydrocarbons and Russian wheat,” the … Continue reading “Cuba Wants to Import Russian Fertilizers, Hydrocarbons and Wheat”

Angola Resumes its Air Relations with Cuba

14ymedio, Havana, 23 August 2022 — Angola’s state airline, TAAG Airlines, will cross the Atlantic Ocean again from Luanda to Havana beginning November 8, according to an official announcement by the company. “After the positive evaluation of business for the intercontinental routes (America and Europe), TAAG is in a position to resume connections with Cuba/Havana,” … Continue reading “Angola Resumes its Air Relations with Cuba”

Cuba and Mexico Seal Business Forum With the Signing of 12 Agreements

EFE (via 14ymedio), Havana, 16 July 2022 — Cuba and Mexico closed a bilateral business forum this Friday in Havana with the signing of 12 agreements, after the business rounds held in the last two days in Havana with the main objective of expanding Mexico’s investments on the island. The more than 80 Mexican and … Continue reading “Cuba and Mexico Seal Business Forum With the Signing of 12 Agreements”

Russia Extends Payments on Cuba’s Debt to 2027

EFE/14ymedio, Moscow, 22 February 2022 — The Russian Duma ratified today the regulations that allow an extension of the payments of Russian credits granted to Havana until 2027. The moratorium had been planned since last October and was confirmed after the corresponding document was presented to parliament by the Russian Government , as reported by … Continue reading “Russia Extends Payments on Cuba’s Debt to 2027”

Cuba Postpones its Paris Club Debt Payment to 2022

14ymedio, Havana, 21 October 2021 — Cuba will not have make a debt payment to the Paris Club until next year, according to the British agency Reuters. The document signed between the parties in June represents a new moratorium for the Government of Havana by postponing until 2022 the resumption of debt payment, whose arrears … Continue reading “Cuba Postpones its Paris Club Debt Payment to 2022”

14ymedio’s Faces of 2020: Alejandro Gil, Minister of Economy

14ymedio, Havana, 26 December 2020 — Almost unknown when Miguel Díaz-Canel appointed him Minister of Economy and Planning of Cuba, he has become a key man on the island in a year in which the pandemic has finished sinking an economy that was already in a coma. Of the same generation as the president, Alejandro … Continue reading “14ymedio’s Faces of 2020: Alejandro Gil, Minister of Economy”

Cuba Asks the Paris Club to Suspend its Debt Payment for Two Years

14ymedio, Havana, 21 May 2020 — The Cuban government has asked its Paris Club creditors to suspend payment of their debt until 2022, according to France Presse. Havana, according to sources cited by the agency, made the request through a letter addressed to the 14 countries that make up the group, asking for “a moratorium for 2019, 2020 … Continue reading “Cuba Asks the Paris Club to Suspend its Debt Payment for Two Years”

Diaz-Canel Appoints Colonel Manuel Marrero as Prime Minister

14ymedio, Havana, December 21 2019 — The appointment of the Cuban Prime Minister this Saturday was a surprise. Neither female nor mestizo, the man appointed to the new post is a 56-year-old colonel with a beard that recalls the times of the guerrillas who came down from the Sierra Maestra. Manuel Marrero Cruz, the Minister … Continue reading “Diaz-Canel Appoints Colonel Manuel Marrero as Prime Minister”