Author Name: Carribean Channel, Cuba TV.
This story was originally published on canalcaribe.ict.cu. [1]

Cuba and China sign agreements to promote economic cooperation in 2019

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Date: 2021-10

Cuba and China signed agreements on Wednesday to promote the economic-commercial relations between both countries, in order to celebrate, in Havana, the fourteenth session of the Business Committee between the two nations.

During this XIV session of the Cuba-China Business Committee, the parties agreed on the need to strengthen their economic and trade ties, at the level of historical political ties, confirmed Bohemia.

Hernández acknowledged the importance of the links between Beijing and Havana and recalled that Chinese products are present in a wide range of areas of Cuban life such as health, education, technology and sports, among others.

The official called to expand the presence of Chinese investments in the largest of the Antilles and mentioned the opportunities offered by sectors such as tourism, renewable energy, construction, agriculture, industry and pharmaceutical biotechnology.

He also highlighted the importance of the Strip Initiative and the Silk Road for Cuba and Latin America due to their development prospects for each of the integrated countries.

According to Hernández, they hope to get involved in this project of the Asian giant in the most committed way possible and hope that it will contribute to involve the Chinese business sector in the process of updating the economic model.

He also announced the willingness to host a China-Latin America and Caribbean business fair in Havana. For his part, Chen Zhou referred to the interest of companies in his country to participate in the Mariel Special Development Zone (ZEDM).

Chen said that in the future the institution will focus on building an effective and multi-sectoral platform for the promotion of bilateral trade.

(C) Cuba TV, Cuban state owned media.
[1] Url: https://www.canalcaribe.icrt.cu/en/cuba-and-china-sign-agreements-to-promote-economic-cooperation-in-2019/

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