Russian Advisor Winds up Visit to Cuba

Havana, May 4 (ACN) The signing Thursday in Havana of a memo of understanding to implement the “Russian-Cuban Investment Initiative” put an end to the visit here by Maksim S. Oreshkin, Russia’s presidential advisor for economic affairs and a delegation of business people and officials from that nation.

Cuban deputy Prime Minister Ricardo Cabrisas, who is also Foreign Trade and Investment Minister and Oreshkin penned the document encompassing the business deals which are part of a higher stage of bilateral relations between Havana and Moscow.

Cabrisas and Oreschkin agreed to the significance of the meetings held over the past few days between Cuban and Russian entrepreneurs and directives and they called for the implementation of what was accorded for the sake of the expansion of bilateral economic links.

The two sides addressed the main issues of bilateral interest to promote effective participation of Russian investors in the implementation of Cuba’s 2030 Social and Economic Program, according to sources with the Cuban Foreign Trade and Investment Ministry.

Priority sectors include energy, tourism, food production, civil aviation infrastructure, the sugar and the mining industries.

During a meeting between the Russian advisor and Cuban President Miguel Diaz-Canel, they ratified their intention to take economic, commercial and financial relations to the same high level of political links.