Cuba, Russia will provide a loan for $ 20 million and the donation of food aid. Agreement on this was signed in Moscow on 30 January 2009, reports RIA Novosti.
According to Vice-Premier Igor Sechin, the funds will go to fund supplies to Cuba of Russian construction, electricity and agricultural equipment. In autumn 2008, Russia has already disbursed a loan to Cuba to 335 million dollars, but, according to Sechin, almost exhausted.
In addition, in the words of Sechin, Russia could put Cuba in addition about 100 thousand tons of grain. Previously, Russia had planned to Cuba of 25 thousand tons of grain.
Sechin also said that the largest Russian air carrier Aeroflot could create with the Cuban Cubana de Aviacion joint venture. Sechin has not provided details.
In addition, it became known that Russia's Vnesheconombank goskorporatsiya Cuba opened credit lines to 44.5 million dollars to supply the aircraft Tu-204SE and related equipment for export contract between the company Aviaimport SA and OAO Ilyushin Finance Co., said VEBa.
Recall, on Wednesday, January 28, Russia at the invitation of President Dmitry Medvedev arrived Cuban leader Raul Castro. Official visit of Castro will continue until February 4. This is the first since 1985, visit of the Cuban delegation to Russia.
In 2008, a number of developing countries was on the verge of default, because of what he had to ask for loans from the more stable states or financial institutions.
Saturday, January 31, 2009
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