Embassy of Cuba in NZ Newsletter - No.4 31st January 2015 | Scoop News - 0 views
www.scoop.co.nz/...tter-no4-31st-january-2015.htm
U.S.-foreign-relations Latin-America Caribbean CELAC Cuba China
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Agreement China-CELAC a ‘Costa Rican achievement’ — Correa Ecuador president Rafael Correa has said that the Celac agreement with China, was probably the greatest achievement of Costa Rica during its presidency, adding that among the main achievements was reaching concrete agreements with China in the bilateral forum recently held there.In an interview with several local television channels, the Ecuadorian president said that for its size, China can be considered as a region, and deepening the relationship would be beneficial for the Celac countries.Beijing was the “principal financier of the world” and to achieve agreements to finance projects aimed at the development of Latin America and the Caribbean Project was “a great success,” he said.Correa, now pro tempore president of the regional bloc, said that at the current stage of development of the region, what was needed was financing.“We no longer need,” he said, “the alms like those given by NGOs who come to construct little schools, because we can do that.“What we need is science, technology, technology transfer to help us create our human talent, and China can give those to us,” he added.
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Correa considered it was a complementary relationship between equals, given that China needs energy, oil and food, which could be obtained from Latin American and Caribbean countries.Four priority areas were identified for the work of the new presidency: reducing extreme poverty, establishment of a new international financial architecture, development of science and technology, and road, productive and energy infrastructure.
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Cuba and China strengthen economic relations Cuba and China have signed five new agreements — in agriculture, telecoms, trade, finances, industry and transportation — confirming both countries’ interest in strengthening and expanding their economic relations.This was the result of the 27th Intergovernmental Commission Cuba-China held last week which also made official the postponement of the starting date of payment of the credit given by China through the Economic and Technical Cooperation agreement.
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Both parties agreed to carry out a special session in four months to examine the bilateral economic agenda and the processes of implementation of the signed documents.The 27th Intergovernmental Commission also reviewed 29 cooperation and economic agreements signed during the visit of Chinese President, Xi Jinping on July 22 last year.The documents dealt with the concession of a line of credit for the construction of the multipurpose terminal in the port of Santiago de Cuba, in the eastern region of the island, among other facilities.Deputy minister of foreign trade and investment Ileana Nuñez said the agreements would attract more revenues to sectors like tourism, mining and construction.She underlined the favourable conditions and level of mutual relations, which grow, deepen and expand the interest of more Chinese investors.China is the second biggest trading partner of Cuba and Cuba is China´s major partner in the Caribbean, while Cuban tobacco and marine products gain ground in Asia.Assistant trade minister of China Zhang Xiangchen ratified their intention to honour commitments and strengthen economic and trade relations with Cuba.The trade relationship of both nations exceeded 1.4 billion dollars in 2013 and after signing the latest agreements, it could increase by 26 percent, according to official estimates.