Havana, September 20 (RHC)-- On Monday, Cuba and Japan signed an agreement here in Havana to reschedule the Caribbean country's medium and long-term debt with the Asian nation, as part of the implementation process of the Multilateral agreement between Cuba and the Paris Club Ad-hoc Group of creditors.
Granma newspaper reported that the document was signed during a meeting between official delegations from the two countries, presided over on the Japanese side by the country's Ambassador to Cuba, Maseru Watanabe and on the Cuban side by Vice President and Minister of Economy and Planning, Ricardo Cabrisas.
According to Granma, with this latest agreement Cuba has fully rescheduled its debt with 13 out of the 14 members of the Ad Hoc Group, opening up new opportunities to secure financing for future economic and social development projects on the island.
During the meeting, both parties emphasized the positive state of bilateral relations and highlighted opportunities to strengthen ties in the spheres of economy, trade, investment, and cooperation.
Cuba and Japan Sign Debt Rescheduling Agreement
Related Articles
Commentaries
MAKE A COMMENT
All fields requiredMore Views
- UN special rapporteur warns Israel's crimes in Gaza could keep International Court of Justice busy at The Hague for 50 years
- Arab countries at United Nations declare full support for new UN Security Council resolution that calls for permanent ceasefire in Gaza
- Israeli forces raped, tortured and executed Palestinian women at Al-Shifa Hospital
- Analysts say UK court ruling opens way for Julian Assange to be extradited to the United States soon
- International Labor Organization says profits from forced labor at nearly one-quarter of a trillion dollars