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Cuba and Venezuela to strengthen economic cooperation
Published on November 6, 2013 Email To Friend    Print Version

HAVANA, Cuba (ACN) -- The gradual elimination of import duties is one of the initiatives that will boost trade and economic cooperation between Cuba and Venezuela, it was made known on Monday during the second day of Havana’s International Trade Fair (FIHAV-2013).

During the official opening of the Venezuelan pavilion, Rodrigo Malmierca, Cuba’s minister of foreign trade and investment, said that it will contribute to the increase in exchanges of products and services.

He announced that a Cuban office in Caracas will be opened over the next few weeks for the monitoring of exports-imports in both directions, which will contribute to a better flow of merchandise and solid supply chains.

To support these efforts, Malmierca and Venezuela’s trade minister, Alejandro Fleming, on Monday signed the 40th agreement of economic cooperation.

At present, the South American nation is Cuba’s number one trade partner.

Agreements cover areas of education health, sports, culture, food, construction, transport, communications and information, energy and the strengthening of social missions.
 
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Comments:

Peter Binose:

The Venezuelans have already been bankrupted by Cuba. 45% inflation, no toilet paper, no beef, almost nothing in the food stores.

That is what the ALBA thing is all about, about the optics of ideology, its about every other state being reduced to the poverty level of Cuba, in the hope that Cuba will bring its level up to meet somewhere in the middle.

SVG are rocking on the edge, teetering on the edge of bankruptcy and default, just because of the ideology of a small band of Marxist minded men. Those whose ideology prompts them to employ Cubans to do the jobs of Vincentians.

SVG like Venezuela, has been ruined by its association with Cuba.


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