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The import and export contracts of the non-state forms of economic management are progressing, Rodrigo Malmierca Diaz, Cuban minister of foreign trade and foreign investment, said on Wednesday in a radio and television presentation on the actions to boost the national economy in the midst of a prolonged crisis, as a result of the COVID-19 pandemic.

Gonca Yilmaz Batur, Turkish deputy minister of foreign trade, and Cuban diplomats to Ankara discussed and defined on Wednesday different actions to diversify and expand relations in high interest sectors such as agrifood, industrial, maritime transport, logistics, textile and biopharmaceutical, among others.

Forty percent of Cuba's exports are generated in the agricultural sector, Vivian Herrera, general director of Foreign Trade at the Ministry of Foreign Trade and Investment (MINCEX), said today.

The monetary reform in Cuba, with its complementary measures and its impact on domestic life, has raised comments and debates among people, after several reports published on national media.

The Russian company Zarubezneft JSC and Union Cuba Petroleo (CUPET) are successfully using the vertical well technology.
According to Rodrigo Malmierca, Cuban minister of Foreign Trade and Foreign Investments, the new technology has a flow of 52 tons a day in Boca de Jaruco, few kilometers east Havana.

HAVANA, Cuba, Sep 4 (ACN) The Cuban minister of foreign trade and foreign investment, Rodrigo Malmierca, praised Friday the progress of the project between the Union Cuba-Petroleo and the Russian company Zarubezhneft in Boca de Jaruco, in the western province of Mayabeque.

Christofer Burger, spokesman for the German foreign ministry, said Friday his country rejects the application of the economic, financial and commercial blockade that the United States keeps against Cuba.

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