Cuba receives $100 mln donation from China
The Republic of Cuba and the People's Republic of China sign 12 agreements.
China donated $100 million to the government of Cuba in the context of Cuban President Miguel Díaz-Canel's visit to China, the Cuban government reported on Saturday, assuring that the sum will be used for "public priorities".
Cuba's Economy and Planning Minister, Alejandro Gil, said 12 agreements were signed.
Among the 12 agreements signed by Havana and Beijing are donations of medicines, medical supplies, food, deliveries of raw materials for school uniforms and work clothes, and the supply of "kitchen utensils for high-risk programs."
Gil further highlighted “the reopening of new financing,” such as the investment in a floating dock sent from China to Cuba in 2019.
He stated that “this investment is practically completed, but some adjustments were pending."
The Economy and Planning Minister added that further agreements were made to invest in the “program for the conversion or modernization of our press.”
Other agreements were made for providing funds for the Herradura wind farm and a photovoltaic solar park of more than 100 megawatts, Gil said.
"Cuban state-owned builder Empresa de Construccion y Montaje has laid the foundations for the first two of 34 towers that will make up the 51-MW La Herradura-1 wind farm on the coast of the Las Tunas province." #Cuba #windenergy #Renewables @SeeNewsRenew https://t.co/fBYJtSg0Pk pic.twitter.com/Xwp18w2nIZ— Lisa Viscidi (@lviscidi) March 13, 2019
According to Gil, “there was understanding” by the Chinese side regarding Cuba’s debt.
“We are going to bring positions closer so that we can find mutually acceptable formulas for the ordering and restructuring of debts,” he said.
Díaz-Canel's presidential tour ended on Friday in China, after visiting Algeria, Turkey, and Russia.
During a meeting with Chinese President Xi Jinping, Díaz-Canel raised major concerns over the economic situation in Cuba.
The Chinese leader assured the Cuban diplomat that “he will do everything possible to provide support” to Cubans.
In 1960, Cuba was the first country in the Western hemisphere to establish diplomatic relations with the PRC, and Sino-Cuban relations have become an example of solidarity and cooperation between socialist countries and sincere mutual assistance between developing countries.
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