Via Reuters, a report on new Chinese support to Cuba: China has agreed to restructure Cuban debt and provide new trade and investment credits to the beleaguered Caribbean Island nation after a meeting in Peking between the two Communist countries’ leaders. Cuba Economy Minister Alejandro Gil said the latter had also donated $100 million to […]
Read more »Via Oil & Gas Daily, a report on Cuba’s search for energy sector support and oil: Cuban President Miguel Diaz-Canel started a tour Wednesday of Russia, China, Turkey and Algeria, hoping to boost his country’s struggling energy sector in the midst of prolonged blackouts and fuel shortages. The president said on Twitter the tour was […]
Read more »Via The Frontier Post, a report on the challenges facing Cuba’s agricultural sector caused by climate change: Yordán Díaz Gonzales pulled weeds from his fields with a tractor until Cuba’s summer rainy season turned them into foot-deep red mud. Now it takes five farmhands to tend to Díaz’s crop. That shrinks Diaz’s profit margin and […]
Read more »Via Russia Briefing, a report that the Eurasian Economic Union (EAEU) may establish an industrial park in Cuba: Cuba has proposed that the Eurasian Economic Union (EAEU) create an industrial park on the island, the bloc stated on Friday (September 2). The initiative has been discussed during a recent virtual meeting of the Eurasian Economic […]
Read more »Via the BBC, a report that Cuba will allow foreign investment into its wholesale and retail trade to tackle its goods shortage: Cuba says it will allow foreign investors into its wholesale and retail trade for the first time in 60 years. The move is a major shift for the island nation’s Communist government, and overturns […]
Read more »Via the Iran Project, a report that Iran and Cuba agreed to increase trade relations through the development of joint trade and economic cooperation: Iranian Minister of Industry, Mine and Trade Seyyed Reza Fatemi Amin announced the development of 34 opportunities and grounds for joint trade and economic cooperation between Iran and Cuba in his meeting with […]
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