Cuba, Venezuela ink deals worth two billion dollars

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Apr 29, 2013

Cuba and Venezuela have signed accords for 51 joint projects worth $2 billion US dollars in Havana, local media reported Sunday. At the close of 13th Cuba-Venezuela Intergovernmental Meeting Saturday night, Cuban President Raul Castro and Venezuelan President Nicolas Maduro announced the deals for projects in such areas as education, health, sports, culture, food production, construction, transport, communications, energy and support of social missions. Havana and Caracas agreed to jointly invest two billion dollars to develop these projects and also signed a memorandum to establish a bilateral medium- and long-term economic agenda

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