The Deputy Prime Minister yesterday signed a Memorandum of Understanding between the Government of the Republic of Cuba and the Government of the People’s Republic of China for the joint development of the XXI Century Silk Road and the Maritime Silk Road Economic Zone. Ricardo Caprice Ruiz and He Lifeng, Chairman of the National Development and Reform Commission of China.
This document is the implementation mechanism of the Memorandum of Understanding signed between the two governments in November 2018 during the visit of President Miguel Diaz-Connell Bermuds to China to include Cuba in the Belt and Road initiative.
The memorandum was prepared in exchange for the objectives of Cuba’s economic and social development, in which China participates as a strategic partner.
The articles of the Cooperation Program cover the objectives of both sides in strengthening and enhancing bilateral cooperation in priority areas for Cuba such as infrastructure development, education, culture, health and biotechnology, communications, science and technology and tourism. Agreements on mutually beneficial interests have been agreed upon with a view to strengthening and further diversifying relations between Cuba and China and the Third Parties participating in this initiative.
By signing this document, both sides will contribute to the liaison between its members initiating activities that will allow Cuba to effectively implement the Belt and Road initiative, promote cultural exchange and strengthen international cooperation.