The president of AlgeriaAbdelmadjid Tebboune, decided this Thursday to cancel all outstanding interest on Cuba’s debt and postpone its repayment “until further notice” to alleviate the economic impact that the island has suffered after the pandemic, according to a report from the agency efe.
It also offered a solar power plant to alleviate the continuous blackouts. The statements come after a meeting between Tebboune and Cuban President Miguel Díaz-Canel, who arrived in Algiers last night on an official visit.
“Algeria offers sister Cuba a photovoltaic power plant as well as reestablishing the supply of hydrocarbons so that Cuba can reactivate the plants and combat the current power outages,” the Algerian president said, quoted by the Spanish source.
with the Prime Minister of #AlgeriaAïmene Benabderrahmane, whom we thank for a warm welcome to Algiers, on the night of this Wednesday.
We celebrate 60 years of diplomatic relations and brotherhood between our governments and peoples ????. pic.twitter.com/HSajAIRoOQ— Miguel Díaz-Canel Bermúdez (@DiazCanelB) November 17, 2022
Tebboune was speaking at a press conference with his Cuban counterpart, Miguel Díaz-Canel, on the first day of this three-day visit as part of an international tour that will also take him to Turkey, Russia and China.
According to reports from the Cuban presidency’s Twitter account, the Algerian president assured that he had promised “to hold a session of the Mixed Commission in Havana in 2023,” to which he would take a delegation “with a group of 150 Algerian investors to examine investment possibilities”.
The Cuban president received with “satisfaction” the announcement of his Algerian partner, with whom he shares a relationship “of solidarity and mutual support in difficult times,” and recalled that nearly 800 medical professionals practice in the North African country.
Algiers and Havana have maintained close ties since Algeria achieved its independence in 1962, these have been reinforced in the last year with the creation in February of a mixed parliamentary friendship group.
The Cuban delegation, the most important to travel abroad since the outbreak of the pandemic, is made up of Deputy Prime Ministers Ricardo Cabrisas and Alejandro Gil, who also heads the Economy and Planning portfolio, and those responsible for Foreign Affairs, Bruno Rodríguez; Foreign Trade and Foreign Investment, Rodrigo Malmierca; of Energy and Mines, Vicente de la O; and from Public Health, José Ángel Portal.
With information from Efe and the Presidency of Cuba.
