Today: November 15, 2024
May 19, 2023
1 min read

Regime offers Russian companies land in usufruct to exploit for 30 years

The "Russian letter" in Cuba: Putin "gives away" and then collects

MIAMI, United States. — The Cuban regime offered land in usufruct to Russian companies to exploit for a period of 30 years, according to the Russian politician and businessman Boris Titov, who was visiting the Caribbean island.

Titov, head of the Russian delegation of the Cuban-Russian Business Committee, pointed out that Havana and Moscow have taken decisive steps in terms of cooperation in various fields.

An agency report Reuters He assured that the Cuban regime “had offered Russian companies the right to use Cuban land for a period of 30 years, an unusual concession to foreign companies in the communist country.”

“They are giving us preferential treatment (…). The path is clear,” Titov said in statements collected by the British media.

The Russian businessman indicated that Havana “would also exempt Russian companies from import tariffs on certain technology and would allow Russian companies to repatriate their profits, a benefit in the state-dominated Cuban economy.”

Both regimes, sanctioned by the US government, also plan to speed up trade by sea.

“In Soviet times there was a direct sea and port link. We are analyzing this possibility with the owners of the Cuban ships,” Titov said at the meeting.

On the Cuban side, the regime’s Minister of Foreign Trade, Ricardo Cabrisas, intervened in the forum, who assured that the economic ties between Russia and Cuba would only strengthen and that “nothing and no one can stop it.”

The commercial meeting in Havana was also attended by Russian Deputy Prime Minister Dmitri Chernyshenkowhose agenda includes a visit to the Antillana de Acero metallurgical plant, which will be reopened as “Electric Steelworks”.

The geopolitical alliance between the two countries has strengthened in recent months as a result of the war in Ukraine. The isolation of Russia at the international level has forced the Kremlin to bet on Latin America, where it has found the support of rulers such as Lula da Silva (Brazil), Nicolás Maduro (Venezuela) and Daniel Ortega (Nicaragua).

Source link

Latest Posts

They celebrated "Buenos Aires Coffee Day" with a tour of historic bars - Télam
Cum at clita latine. Tation nominavi quo id. An est possit adipiscing, error tation qualisque vel te.

Categories

Previous Story

They will build 55 modular classrooms to house 4,000 students

London announces new sanctions on Russia, with ban on diamonds
Next Story

London announces new sanctions on Russia, with ban on diamonds

Latest from Blog

Go toTop