Businessmen russians Participants in the Economic-Business Forum between both nations expressed this Wednesday, during the opening, their intentions to increase the presence in Cuba as well as the commercial exchange between both countries.
Russia intends to export other items to Cuba, in addition to crude oil and soybean oil, and to import from the island much more than agricultural products such as coffee, tobacco and rum, said Serguei Valdin, commercial representative of the Russian Federation in Havana during the Forum. , cited by the Cuban News Agency (ACN).
This May 18, the XX Session of the Cuban-Russian Intergovernmental Commission for Economic-Commercial and Scientific-Technical collaboration will be held in Havana, headed by its Co-Chairmen Ricardo Cabrisas Ruiz, and Mr. Dmitri N. Chernyshenko. https://t.co/HvE4j42F5o pic.twitter.com/TPhnNQlGWO
—MINCEX?? (@MINCEX_CUBA) May 17, 2023
The commitment is to exceed the figure of 451 million dollars achieved in 2022 as a result of this flow, Valdin added at the meeting that will end next Friday.
At least 16 working groups make up the Business Committee, with representation from most of the ministries or agencies of the two nations.
Boris Titov, commissioner to the President of the Russian Federation for the rights of businessmen, emphasized how stimulating it is that new cooperation projects emerge in a context marked by transformations in the world economy, and from which Cuba does not escape, summarizes ACN.
“They are giving us preferential treatment,” Titov said in his speech. “The path is clear,” he added according to appointment Reuters. In addition, he pointed out that Havana had offered Russian companies the right to make usufruct use of Cuban land within a period of 30 years, a privilege rarely granted to foreign companies.
This, which would be the fastest way, can be made effective in basic products such as agri-food and other raw materials for industry and various sectors of the economy, said Luis Antonio Carricarte, president of the Cuban Chamber of Commerce.
It was the visit to Russia of President Miguel Díaz-Canel Bermúdez at the end of last year – a stay in which he met with his counterpart Vladimir Putin – that “has awakened a dynamic between the two countries that materializes in this (forum and probable agreements )”, assured the press Ricardo Cabrisas, Minister of Foreign Trade and Foreign Investment, quoted by EFE.
Cuba and Russia sign memorandum of understanding on investments and joint projects
On Thursday, Cabrisas also received the Vice President of the Russian Government Dimitri Chernyshenkowho visits the island, regarding the Business Forum, which this afternoon is holding its second day.
Cuba and Russia have boosted their bilateral relationship in recent years. Currently, the Eurasian nation is one of Cuba’s top ten trading partners, and both governments define their partnership as “strategic.”
