Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
A vehicle exploded in Washington, DC, the United States.
The Israeli occupation forces are carrying out extensive air raids on eastern and northeastern Gaza.
Israeli media: One Israeli soldier killed in a "security incident" in Khan Younis, south of the Gaza Strip
Israeli media: Intense exchange of fire in Khan Younis
Israeli media platform reports on a tough incident in Gaza still under media censorship
Iran's judiciary says 71 killed in Israeli strike on Evin Prison
Trump: Make the deal, get the hostages back
Al Mayadeen's correspondent: 67 Palestinians were martyred in 24 hours in the Israeli aggression on the Gaza Strip
Israeli media: For the first time, Prime Minister Netanyahu is signaling that he wants to end the war on Gaza
Israeli Channel 12, citing an American source: We want to have entered a path toward captive release and a ceasefire before Netanyahu arrives in Washington

Algeria cancels interests on Cuba's debts, postpones their payment

  • By Al Mayadeen English
  • Source: Al Mayadeen Net
  • 17 Nov 2022 19:05
  • 2 Shares
3 Min Read

Algerian President Abdelmadjid Tebboune meets with his Cuban counterpart Miguel Diaz-Canel, and the two discuss ways to enhance cooperation and investment between the two countries.

  • x
  •  Cuban President Miguel Diaz-Canel and Algerian President  Algerian President Abdelmadjid Tebboune
    Cuban President Miguel Diaz-Canel and Algerian President Algerian President Abdelmadjid Tebboune

Algerian President Abdelmadjid Tebboune announced on Thursday the cancellation of all interests on Algeria's debts to Cuba and the postponement of their payment.

Following his meeting with his Cuban counterpart Miguel Diaz-Canel, President Tebboune said in a press conference that the step came to alleviate the situation and the economic pressure that Cuba is suffering from, in addition to the decision to resupply Cuba with energy and launch projects in various sectors.

The Algerian president stressed the good relations between Algeria and Cuba, which made the Cuban president's visit an opportunity to resume and strengthen relations again.

"Algeria feels a duty towards the sister Republic of Cuba," Tebboune said, adding that Algeria has distinguished historical relations with Cuba.

"We agreed to produce medicines together, especially serums and vaccines related to African and non-African diseases," the Algerian president added.

Tebboune also announced that Cuba will be gifted a solar power plant and that it will resume its supply of fuel to reactivate power stations and end frequent outages.

Related News

Cuban president: 'Havana syndrome' study suspension proof of falsehood

Cuba President: Palestine focal point of 'global struggle for justice'

On another note, the Algerian president revealed a meeting of the mixed committee between the two countries at the beginning of the coming year, where about 150 Algerian investors will accompany the Algerian committee to discuss ways to enhance cooperation and investment between the two countries.

Cuban President: We have achieved a historic cooperation

In turn, the Cuban president said, "Cooperation between Cuba and Algeria is being strongly strengthened and is an exemplary one," adding, "We have achieved historic cooperation in health over 60 years and in 10 Algerian states."

"We have good relations with Algeria at the political and international levels, and our international positions match," he noted.

"We salute the deep Algerian understanding of the economic situation in Cuba and thank them for the historical support," Diaz-Canel said.

The Cuban president indicated his country's readiness for "deep cooperation in the fields of culture and exchange of scientific expertise," and added, "We are ready to cooperate in the development of the sugar industry with Algeria and benefit from Algerian dates."

The Cuban President's business and friendship visit to Algeria coincides with the two countries' commemoration of the 60th anniversary of their historical diplomatic relations, which actually began before Algeria's independence and continued by supporting the just causes of peoples and their right to liberation, especially the Palestinian cause, as embodied through solidarity, cooperation and coordination of diplomatic positions in various international forums.

Read: Cuba reiterates its support for Palestinian cause, denounces Israeli attacks

Relations between the two countries achieved several gains, the latest of which was the set up of the Algerian-Cuba Parliamentary Friendship Group last February, to be an opportunity to launch a new era of bilateral cooperation and enhance exchange in all fields, including parliamentary and economic, in a way reflecting the close relations between the two countries and peoples.

  • Cuban President
  • Algeria
  • Miguel Díaz-Canel
  • President Abdelmadjid Tebboune
  • Cuba

Most Read

Iranian President Masoud Pezeshkian attends a protest following the US attacks on nuclear sites in Iran, in Tehran, Iran, Sunday, June 22, 2025. (AP)

Iran declares victory as ceasefire forces Israeli retreat

  • Politics
  • 24 Jun 2025
Iran launches strikes on Israeli targets, despite alleged ceasefire

Iran victorious as ceasefire with 'Israel' takes effect

  • Politics
  • 24 Jun 2025
The site of a direct missile strike launched from Iran in Tel Aviv on Sunday, June 22, 2025. (AP)

Op. True Promise 3, wave 21: Multi-warhead missiles rain on 'Israel'

  • Politics
  • 23 Jun 2025
Iran says targeted US Qatar air base under Op. Annunciation of Victory

Iran says targeted US Qatar air base under Op. Annunciation of Victory

  • MENA
  • 23 Jun 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
Women comfort each other by a vehicle that was burnt overnight by Israeli settlers in an attack that killed three Palestinians and burnt several vehicles and damaged homes, in Kafr Malik, east of Ramallah, Thursday, June 26, 2025 (AP)
Politics

Settlers shoot and assault Palestinians in Hizma, Masafer Yatta

Syria's interim leader, Ahmad al-Sharaa, walks in the presidential palace ahead of a meeting in Damascus, Dec. 28, 2024. (AP)
Politics

Syria open to Sharaa-Netanyahu meeting at UN assembly: Israeli media

Former Iranian parliament speaker Ali Larijani speaks with media at the Interior Ministry in Tehran, Iran, Friday, May 31, 2024 (AP)
Politics

'Israel' failed to topple Iran, lost 12-day war, Larijani says

Smoke rises to the sky following an Israeli strike in the Gaza Strip as seen from southern Israel, Wednesday, June 11, 2025. (AP)
Politics

War on Gaza failed to achieve objectives in Gaza: Israeli media

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS