The governments of Cuba and Algeria Eight bilateral agreements were signed on Tuesday that strengthen political, economic and commercial relations, but that include areas such as education, agriculture, sports and the production of medicines.
The signing was carried out within the framework of the XXIII Session of the Intergovernmental Commission for Economic, Commercial, Scientific, Technical and Cultural Cooperation and at the Algeria-Cuba Business Forum, which met this Tuesday and Wednesday in Havana with the presence of a large delegation of the Magrabid nation.
Cuba and Algeria sign eight bilateral cooperation agreements https://t.co/9zTCa7zrCw
– TvLatinaNews (@telelatinatv2) February 15, 2023
The agreements, which specify the talks held last November during the Cuban president’s trip to Algeria Miguel Diaz-Canelinclude the approval of a Bilateral Economic Agenda for the period 2023-2026.
The Cuban Minister of Foreign Trade and Foreign Investment, Rodrigo Malmierca, valued the agreements as a “tool to project in the medium term” the bilateral relationship in the economic, financial, commercial and cooperation fields, according to the agency. efe.
Cuban Vice Prime Minister Ricardo Cabrisas assured during the business forum that the objective was to “consolidate the strategic unity” between the two countries, historical allies in the Non-Aligned Nations Movement.
In addition, Cabrisas invited Algerians to explore business opportunities in sectors such as new technologies, the pharmaceutical sector, renewable energy, transport, trade and tourism.
For his part, the Algerian Minister of Health, Abdelhak Saihi, at the head of his country’s delegation, considered the meeting in Havana “successful” and stressed that it could mean a “qualitative leap” and open “a new stage in relations economic and commercial.
In turn, the parties set the next session of the intergovernmental commission to be held next year in Algiers, with the aim of continuing to strengthen the historic ties that have been promoted these days.
Around a hundred companies, 60 of them Algerian between public and private entities, participated in the bilateral business forum, which was chaired by Saihi and Díaz-Canel, who had previously received the visiting delegation.
Díaz-Canel receives the official and business delegation of Algeria
The appointment follows up on the visit of the Cuban president to Algeria in November 2022, in which he advocated for closer ties in the energy field -a Cuban strategic necessity- and in the medical and pharmaceutical field, a strength of Havana.
So the Algerian government canceled the interest on the Cuban debt and made the terms for its repayment more flexible, and the donation of a photovoltaic power plant to the island was announced, as well as the reestablishment of the supply of hydrocarbons.
Efe/OnCuba.
