Cuba and Russia ratify good state of their commercial relations

2017-10-31 09:46:29 /

35th International Fair of Havana, FIHAV 2017. Photo by Sergei Montalvo

Cuba and Russia ratified today, during the 35th International Fair of Havana, FIHAV 2017, the intention to maintain the good state of their commercial relations, which have shown an important growth in the last years.

During the celebration of the National Day of Russia in FIHAV, Cuban Foreign Trade and Investment Minister Rodrigo Malmierca ratified that the excellent bonds between both States are possible thanks to the existing political will and, among other reasons, to the credits granted by the Russian Federation to Havana.

He said that the two countries have established alliances in sectors such as energy and transport, mainly by train, which is of vital impact on the socioeconomic development of Cuba.

Malmierca said that the Cuban market remains open to relations with that Eurasian nation, and ratified the will of the Island to further strengthen these ties.

Referring to the recent Cuba-Russia Intergovernmental Commission, he highlighted that satisfactory results were obtained that will allow deepening the economic, commercial and scientific-technical collaboration.

Georgy Kalamanov, Russian Deputy Minister of Industry and Commerce, recalled the traditional participation of his country in FIHAV and assured the intention of continuing to attend these events which are, he said, an excellent space for exchange with businessmen of the world.

He explained that trade relations with Cuba are very dynamic and mentioned that there are projects to expand collaboration in the chemical industry and support the modernization of the national light and steel industries.

In recent years the arrival of Russian tourists to Cuba has grown, according to data from the Cuban embassy in Moscow, in 2016 a total of 65,400 Russians, while until last September 11, the figure exceeded 70,000.


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