{"id":211636,"date":"2020-01-04T13:08:20","date_gmt":"2020-01-04T18:08:20","guid":{"rendered":"https:\/\/oncubanews.com\/en\/?p=211636"},"modified":"2020-01-04T13:08:20","modified_gmt":"2020-01-04T18:08:20","slug":"trade-between-cuba-and-russia-grows-in-2019","status":"publish","type":"post","link":"https:\/\/oncubanews.com\/en\/cuba\/trade-between-cuba-and-russia-grows-in-2019\/","title":{"rendered":"Trade between Cuba and Russia grows in 2019"},"content":{"rendered":"

In 2019, commercial exchange between <\/span>Cuba and Russia<\/span><\/a> exceeded 500 million dollars, Cuban ambassador in Moscow Gerardo Pe\u00f1alver Portal said to Sputnik<\/em>.<\/span><\/p>\n

\u201cWe concluded last year with a commercial exchange of 450 million dollars, and this year (2019), with the last months registering a very strong take off in the commercial exchange, we are already going to exceed 500-550 million dollars,\u201d he said in an <\/span>interview he gave to Sputnik<\/em><\/span><\/a>.<\/span><\/p>\n

The Cuban diplomat recalled that in 2013 bilateral trade stood at 180 million dollars, and then with the visit to Cuba of Russian Prime Minister Dmitry Medvedev, the latter set the goal of increasing trade volumes between the two countries.<\/span><\/p>\n

Thus, the increase in Cuban-Russian trade exceeds 67% in recent years, which Pe\u00f1alver highlighted as a stage of \u201crevitalization of the dynamics of relations between Cuba and Russia, especially in the economic-commercial sphere, as well as in political dialogue, scientific-technical cooperation.\u201d<\/span><\/p>\n

He noted that the bilateral economic agenda from 2012 to 2020 signed by Cuba and Russia \u201chas been fulfilled practically in all its magnitude.\u201d<\/span><\/p>\n

Multifaceted cooperation<\/strong><\/p>\n

The ambassador said that Cuba has \u201ca multifaceted cooperation with Russia.\u201d<\/span><\/p>\n

\u201cWe have very strategic collaboration projects in the field of automotive, railroad, air, maritime transportation, and in the sphere of energy,\u201d he stressed.<\/span><\/p>\n

The Cuban diplomat recalled the \u201cmegaproject\u201d of modernization of the railroad infrastructure on the island, which came about with the signing of a contract for more than 1.8 billion euros during Medvedev’s visit to Cuba last October.<\/span><\/p>\n

\u201cIt will have a revolutionary impact on transportation in Cuba because it will reduce the travel time of passengers and cargo by half, it will more than double and almost triple the volume of cargo on that transportation, through the railroads, and double the number of passengers,\u201d he explained.<\/span><\/p>\n

The Cuban ambassador also highlighted the increase in visits of Russian tourists to the island in 2019.<\/span><\/p>\n

\u201cLast year, 137,000 Russian tourists visited Cuba. Russia was in 10th place in the issuance of tourists to Cuba, today it is already in 4th place, after Canada, the United States and Germany; it will end 2019 with practically close to 180,000 tourists,\u201d he said.<\/span><\/p>\n

Varadero wagers on more Russian tourism<\/a><\/p><\/blockquote>\n