World Economy

Cuba-Russia Coop.

Cuba-Russia Coop.Cuba-Russia Coop.

In a blast from the past of the cold war era, Moscow and Havana are renewing bilateral ties. But it’s business not politics that is the driving force this time around. Cuba wants Russian business to help in the economic development of the island, the vice president of Cuba’s Council of Ministers Ricardo Cabrisas told Ria Novosti on Tuesday. Moscow and Havana are currently cooperating in civil aviation and energy. Russia is also revamping Cuba’s power plants. In October, the Kremlin ratified an agreement to provide generators at the Maximo Gomes and Este Habana power plants in Cuba.