28684
Cuba, S. Africa to Diversify Ties
World Economy

Cuba, S. Africa to Diversify Ties

Cuban and South African leaders pledged to strengthen and diversify the economic and trade relations between the two nations, Xinhua reported. During their talks, Cuban First Vice President Miguel Diaz-Canel and his visiting South African counterpart, Cyril Ramaphosa, “reaffirmed the excellent state of bilateral relations,” an official statement said. Cuba and South Africa established diplomatic relations in 1994 after the fall of the apartheid regime in South Africa. Since then, bilateral cooperation has mainly focused on health and education. Ramaphosa, who started his three-day visit to Havana on Wednesday, leads a delegation of officials and businessmen from such sectors as telecommunications, tourism, mining, engineering, construction and manufacturing. He said the forum promoted exchanges between the entrepreneurs from both countries and would help strengthen economic cooperation and explore new areas for mutually beneficial cooperation. In 2014, Havana and Pretoria signed an agreement to expand their trade, which reached $8.6 million that year, according to Cuban official data.

Short URL : https://goo.gl/9mWakB
  1. https://goo.gl/qVcpbC
  • https://goo.gl/QynS5w
  • https://goo.gl/40RUkZ
  • https://goo.gl/vcW8MF
  • https://goo.gl/PBzeMV

You can also read ...

Business confidence fell to its lowest level since August 2013 and around 7% of companies expected a contraction.
According to data from the International Monetary Fund in...
China Warned of Ballooning SOEs
Former chief of the World Bank Robert Zoellick cautioned China...
Shrinking unemployment in the US, Japan and the eurozone finally forces companies  to lift wages to retain and attract staff.
Workers in the world's richest countries are getting their...
New Zealand Q2 GDP Growth Picking Up
New Zealand’s economic growth is expected to have accelerated...
Saudi Sovereign Fund Secures $11 Billion Loan
Saudi Arabia's sovereign wealth fund said Monday it had...
Lira Eases Against Dollar
Turkey’s lira weakened against the dollar on Monday as...
By 2025 more than half of all current workplace tasks  will be performed by machines.
Robots will handle 52% of current work tasks by 2025, almost...
UK Economy Will Shrink Without Brexit Deal
Britain’s economy will shrink if the country leaves the...

Trending

Googleplus