Havana, Saturday 25 de May de 2019 03:15 am

Cuba and the European Union sign memorandum of intent

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Cuba and the European Union sign memorandum of intentHAVANA, Cuba, Apr 17 (ACN) A memorandum of intent for the approval of the Financing Agreement and Cooperation Projects between the Republic of Cuba and the European Union (EU), worth 61.5 million Euros, was signed on Tuesday in Havana.

Stefano Manservisi, Director General of Cooperation and Development of the European Commission, and Ileana Núñez Mordoche, Deputy Minister of Foreign Trade and Foreign Investment of the Island, signed this document.
The memorandum aims to strengthen cooperation in the areas of food security, adaptation to climate change, renewable energy, culture and exchange of experiences, based on the development of joint projects.
In statements to the press Manservisi said that this financing agreement is the result of what was discussed today, and therefore will mean support for the modernization of the economy, and in particular underlined the success of the exchange program of experts and the two windows to facilitate investment and exports from Cuba.
As part of the agreement, the Transcultura project will be financed, which aims to reform the Convent of Santa Clara, in the capital, to teach Caribbean students about identity and cultural heritage, said the representative of the European Union.
There are 15 million," he said, "destined to transform identity into something that unites peoples and builds peace, and also to pay tribute to Havana's Villa de San Cristóbal in view of its 500 years.
In Cuba, as in many other countries, there are problems regarding climate change and food security, so one of the objectives of the memorandum is to provide European resources and experiences in order to build resilience, Manservisi said.
Rogelio Sierra Díaz, Cuba's deputy foreign minister, reported that this is the last of five political dialogues scheduled with the EU, which have dealt with issues such as human rights, unilateral coercive measures, disarmament and non-proliferation, illicit trafficking of small arms and light weapons and non-conventional weapons, and sustainable development.
This year relations between the two sides have advanced in areas such as renewable energy, environmental protection and the exchange of experiences in the modernization of the economy, as well as the establishment of the first Subcommittee on Cooperation, Sierra Díaz said.
The occasion was also propitious for the vice-president to ratify the Political Dialogue and Cooperation Agreement, signed with the EU in November 2017, and thus reaffirms the Island's will to continue promoting relations and taking advantage of their potential.

 

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