Russia and Cuba Want to Bring Trade Turnover for 2019 to $ 500 Million
Russia and Cuba will develop a joint strategy for trade and economic cooperation. This document is planned to be signed soon. "An agreement was reached on the need to develop a joint strategy for trade and economic cooperation and subsequently formulate a roadmap for implementing its provisions", Borisov said.
He added that the strategy "will be developed by the parties, taking into account the priorities and development of Cuba until 2030, which are reflected in the program of socio-economic development of the Republic of Cuba, and is planned for signing in the near future". According to Borisov, the strategy is a document in which "points of mutual interest in the large-format development of Russian-Cuban trade and economic cooperation" will be defined and fixed.
The implementation of the program of modernization of the fuel and energy complex of Cuba to ensure energy security will reduce oil supplies to this country from outside by a third and save $ 1.8 billion, Borisov added. According to him, during the meeting of the commission, new growth points were also discussed, in particular, the supply of Russian grain to Cuba.
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