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June 8, 2023
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Cuba proposes to the Eurasian Economic Union to create an industrial park in the ZED Mariel

The Prime Minister of Cuba, Manuel Marrero Cruz, proposed this Thursday the creation of an industrial park of the Eurasian Economic Union (UEE) in the special economic zone of Mariel.

The head of government considered this proposal a demonstration of the “joint effort” to create production chains that would strengthen interregional integration, says Efe.

During a meeting of the expanded intergovernmental council of the UEE in the Russian city of Sochi, Marrero also proposed holding such a council in Havana.

The Mariel special economic development zone, 45 kilometers from Havana, was created in 2015 and has an area of ​​465 square kilometers, including the port.

The Cuban authorities offer a special tax and customs regime to foreign businessmen in this area in order to stimulate investment and the location of productions in the national territory.

signing of agreements

Within the work program of this Thursday, the signing of documents took place between the Business Group of Biotechnological and Pharmaceutical Industries (Biocubafarma), of Cuba, and several Russian and Belarusian companies.

Biocubafarma and JSC Active Components, of Russiasigned a memorandum of understanding that establishes a strategy for scientific-technical cooperation, the transfer and assimilation of technology, and the commercialization of active principles for the production of medicines and their reference standards.

In addition, a letter of intent was signed by organizations of the Eurasian Economic Union (EAEU) and observers, to create a multinational alliance that achieves sovereignty in the short term in the development and production of vaccines and medicines.

The Cuban prime minister arrived in Russia on Tuesday on an official visit, which will last until June 17.

Russia bets on oil and metallurgical projects with Cuba

In addition to participating in the meeting of the prime ministers of the UEE countries, Marrero plans to participate next week in the International Economic Forum in Saint Petersburg.

The ties between Moscow and Havana received a new impetus last May, after both countries endorsed the will to strengthen the Russian financial and business presence on the island with exemption from tariffs, land concessions for 30 years and ties between their systems banking.

The agreements were reached within the framework of the bilateral business economic forum, held in Havana last month and will open several strategic sectors to the presence of Russian capital.

This Wednesday it was learned that trade between Russia and Cuba multiplied by nine from January to April 2023, even in the midst of an unfavorable external situation, declared the Russian Prime Minister, Mikhail Mishustin.

«Cuba is an important partner in Latin America for our country, our cooperation is based on the solid traditions of friendship, solidarity, mutual respect and mutual trust. Together we face unprecedented sanctions from hostile states,” Mishustin emphasized.

OnCuba/Efe



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