Cuba ratifies its willingness to expand ties with Eurasian Union

Cuba ratifies its willingness to expand ties with Eurasian Union



HAVANA, June 7 (NNN-ACN) — Cuban PM Manuel Marrero Cruz ratified Cuba’s commitment to expand and strengthen cooperation ties with the member states of the Eurasian Economic Union (EAEU).

Speaking via videoconference at the meeting of the Eurasian Intergovernmental Council, which is taking place in Nesvizh, Belarus, Cuban premier highlighted the results and challenges of economic, trade, financial and cooperation relations between Cuba and the Eurasian Economic Union (EAEU).

He underscored that a greater linkage would make it possible to promote foreign investment in Cuba for the development of animal production, as well as citrus, fruit, sugar, grains and seeds, and the joint creation of veterinary vaccines.

In this regard, the head of government urged to promote exchanges between the structures of the Eurasian Economic Commission, entrepreneurs of the countries of the Union and Cuba, with the aim of establishing direct links for the promotion of trade, investment and cooperation.

On the celebration, last May 21, of a Cuba-Eurasian Economic Union Business Forum, hosted by the Chamber of Commerce of the island, he said that the event was an opportunity to deepen the mechanisms of the EAEU and promote the possibilities of cooperation and investment between Cuban businessmen and their peers in the member countries of the bloc.

Marrero Cruz highlighted the condition of his country as a State fully integrated in Latin America and the Caribbean, a region that has a very favorable framework for the development of its trade relations, which could contribute to the economic interests of the Union and its Member States.

The trade benefits offered allow finished products from Cuba to be exported to Latin America and the Caribbean, with substantial savings in production processes, tariffs and transportation, at a time when these costs tend to increase more and more in the international market, he said.

Likewise, Cuban PM thanked the member states of the EAEU for their sustained and clear support in Cuba’s battle against the prolonged and reinforced U.S. economic, commercial and financial blockade, which, he emphasized, represents the main obstacle to the development of the Caribbean nation.

Towards the end of his speech, Marrero Cruz hailed the 10th anniversary of the signing of the Treaty establishing the Union, and reiterated his wishes for success in its future development. — NNN-ACN

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