Saturday, January 31, 2009

Russia, Cuba to sign loan, food aid agreements

Russia, Cuba to sign loan, food aid agreements
11:14, January 31, 2009

Russia will sign deals on loan and food aid with Cuba during the
Caribbean state leader Raul Castro's ongoing visit in Moscow, the RIA
Novosti news agency reported Friday.

"The visit will see a series of documents, including an inter-government
agreement on a state loan and food aid to Cuba," a Kremlin official was
quoted as saying.

The official said that 25,000 metric tons of grain would be delivered to

Earlier, Russian Prime Minister Vladimir Putin said Russia would provide
20 million U.S. dollars to Cuba, which would be used to buy Russian-made
goods. The two leaders enjoyed a nostalgia-tinted meeting at the
presidential residence of Zavidovo outside Moscow on Thursday.

Castro, the first Cuban leader to visit Russia since the disintegration
of the Soviet Union in the 1990s, will have formal talks with Russian
President Dmitry Medvedev on Friday, during which they are expected to
discuss further economic, political and humanitarian cooperation.

Castro arrived here Wednesday for a weeklong visit to Russia aimed at
boosting bilateral ties.

Russia's relations with its Cold War ally Cuba cooled down after the
collapse of the Soviet Union. However, Russia has recently moved to
revive ties with Cuba, as well as other Latin American states.

Last November, Medvedev paid a visit to Cuba, where he met with Raul
Castro and his brother Fidel Castro and pledged to promote political and
economic ties.

Source: Xinhua

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