Others News
- Cuba, China sign trade, economic co-op agreement
Date: 28-Mar-2007 Sources: (Xinhua Online)
Cuba and China wrapped up their 19th Inter-governmental Commission meeting on Tuesday in the Cuban capital, with an agreement signed on furthering bilateral trade and technological cooperation.
The two-day session, attended by delegations from both countries, reviewed bilateral trade and economic relations during 2006 and adopted cooperation plans for 2007, Cuban News Agency reported.
Under their agreement, in 2007, Cuba will supply sugar to China while China will continue its technical assistance to Cuba's agricultural sector.
In addition, both countries will also carry out economic and technical collaboration on oil and food.
Cuban Interior Minister Ricardo Cabrisas said that China is the Caribbean nation's second largest trade partner only after Venezuela, with a trade volume of 2 billion U.S. dollars a year.
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