Cuba and Russia Sign Several Cooperation Accords

HAVANA, Cuba, Oct 22 (acn) The governments of Russia and Cuba signed on Thursday six bilateral agreements of cooperation in energy, finance, metallurgy and pharmaceuticals, Prensa Latina reported.
The agreements are designed to show the willingness of the two countries to strengthen their ties in all fields.

Headed by Vice-presidents Dmitri Rogozin and Ricardo Cabrisas, the co-chairs of the Intergovernmental Commission, the ceremony held in Moscow included the signing of an agreement to grant the Cuban government a capital export credit that will finance the modernization of the Jose Marti metallurgic steel plant.
Another agreement establishes the granting of a loan to finance the construction of four generating units of the Maximo Gomez and Este Habana thermoelectric plants in Cuba.
Both governments agreed to participate in the execution of that project, as they expressed in a separate agreement.
For their part, the respective Ministries of Energy signed a protocol on the saved fuel marketing scheme after the implementation of the four blocks in the Maximo Gomez and ESte Habana plants.
Likewise, Cuba's Energoimport and Russia's Inter RAO Export companies signed a contract to expand the capacity of the Mariel and Santa Cruz thermoelectric plants, by a 200 megawatt block.
The parties also agreed on a cooperation agreement between the companies HEBER BIOTEC, and PHARMACO, as the culmination of negotiations held this week between Moscow and a delegation headed by the Vice-president of the Cuban Council of Ministers, Ricardo Cabrisas.