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      Cuba: Putin announces Cuba’s $35 billion debt to Russia written off01:41

      Cuba: Putin announces Cuba’s $35 billion debt to Russia written off

      Cuba, havana
      Politics
      July 12, 2014 at 07:06 GMT +00:00 · Published

      Russian President Vladimir Putin met with Cuban President Raúl Castro in Havana and signed a raft of cooperative agreements on Friday.

      The documents deal with cooperation in international information security, energy, manufacturing, culture and healthcare.

      Putin spoke about a number of energy projects, plans to develop Cuba's power plants and help search for offshore oil wells. He also reiterated Russia's intention to write off 90% of Cuba's old debt. Lastly he expressed an interest in deploying ground stations in Cuba for Russia's GLONASS global navigation system. .

      Putin is currently on a six-day tour of Latin America, he will also visit Argentina and Brazil, where he will watch the football World Cup final and attend a summit of the BRICS bloc.

      Cuba: Putin announces Cuba’s $35 billion debt to Russia written off01:41
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      Russian President Vladimir Putin met with Cuban President Raúl Castro in Havana and signed a raft of cooperative agreements on Friday.

      The documents deal with cooperation in international information security, energy, manufacturing, culture and healthcare.

      Putin spoke about a number of energy projects, plans to develop Cuba's power plants and help search for offshore oil wells. He also reiterated Russia's intention to write off 90% of Cuba's old debt. Lastly he expressed an interest in deploying ground stations in Cuba for Russia's GLONASS global navigation system. .

      Putin is currently on a six-day tour of Latin America, he will also visit Argentina and Brazil, where he will watch the football World Cup final and attend a summit of the BRICS bloc.

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