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Cuba and Italy Take Note of Good State of Relations

Havana, July 14 (RHC-PL)-- Cuban Deputy Foreign Minister Rogelio Sierra and his Italian counterpart Mario Giro took note in Havana on Wednesday of the good state of relations between Cuba and Italy.  Those relations have continued to develop following the official visit to Cuba by Italian Prime Minister Matteo Renzi in October, 2015.

On his Twitter account, Sierra described the meeting as fruitful. He said that Italian companies are interested in taking part in the development of the Cuban economy.

On Tuesday, Vice President of the Council of Ministers Ricardo Cabrisas had received Italian Foreign Deputy Secretary Mario Giro and Undersecretary of State for Economic Development Ivan Scalfarotto.

During that meeting, as part of the process following a multilateral agreement signed between Cuba and the Ad-Hoc Group of the Paris Club, four accords were signed between Italy and Cuba on the regularization of the island's foreign debt with the European nation.

Cuba has signed debt restructuring agreements with 12 of the 14 member countries of the Ad-Hoc Group of Creditors of the Paris Club, leading to new opportunities for financing projects related to Cuba's economic and social development.

Edited by Pavel Jacomino
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