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Cuba; Mexico: 70% of Debt Forgiven

(Nov. 8, 2013) The Mexican Sectary of Finance and Public Credit (SHCP), Luís Videgaray, reported that the Mexican Government will forgive payment of 70% of Cuba’s debt to Mexico, which amounted to about US$487 million. The federal officer explained that this debt came from a loan that the Cuban government obtained from the National Foreign […]

Cuba; Mexico: Relationship Re-Launched, Agreements Signed

(Nov. 8, 2013) The foreign secretaries of Mexico and Cuba announced the re-launch of relations between the two countries and the strengthening of trade, financial, and other cooperation agreements. The Secretary of Foreign Relations of Mexico, José Antonio Meade, said Mexico will maintain a high-level political dialogue with Cuba and foster a closer relationship in […]

Cuba: Government Amends Housing Law to Allow Sales and Purchases of Homes

(Dec. 1, 2011) On November 2, 2011, the Cuban government published in the Cuban OFFICIAL GAZETTE an amendment to Law 65 on housing, allowing citizens who live in Cuba and foreigners who are permanent residents to buy and sell homes. Home ownership is limited to one primary home and one secondary home in a vacation […]

Cuba: Government Authorizes Use of Cell Phones by Cuban Citizens

(June 2, 2008) On April 9, 2008, the Cuban government published a resolution that authorizes the acquisition and use of cell phones by Cuban citizens. Previously, it has been reported that cellular phones were offered only to foreigners and Cubans in high-ranking government positions. However, other Cubans already had cell phones through contracts that foreigners […]

Cuba: Raúl Castro Elected New President

(Mar. 2, 2008) On February 24, 2008, the National Assembly of People's Power elected Raúl Castro, Fidel Castro's younger brother, as President of Cuba. In his inaugural speech, Raúl Castro indicated that he intends to confer with his brother on matters of special relevance for Cuba, especially those pertaining to defense, foreign policy, and the […]

Cuba: Cuba Signs International Human Rights Agreements with the United Nations

(Mar. 2, 2008) New York, U.N. Headquarters–Cuba signed the International Covenant on Economic, Social and Cultural Rights and the International Covenant on Civil and Political Rights. The covenants were signed on 28 February 2008, where Cuban Foreign Minister Felipe Pérez Roque met with the UN Secretary General Ban Ki-moon and the Coordination Bureau of the […]

Cuba: Cuba to Market and Distribute a new Vaccine to Foreign Countries

(Dec. 2, 2007) Various products of Cuban biotechnology, among these the newly created pentavalent vaccine "Heberpenta," will be at the disposal of commercial associates of Heber Biotec S.A. between 2008 and 2010. Heber Biotec S.A., which is certified by Norm ISO 9001:2000, is the exclusive representative and commercial corporation [comercializadora] of the Centro de Ingeniería […]

Cuba: The Cienfuegos Oil Refinery Will Be Inaugurated in December 2007

(Nov. 2, 2007) On November 7, 2007, Rafael Ramírez, the Venezuelan Minister of the People's Power for Energy and Petroleum asserted that by December of 2007 the Cienfuegos Oil Refinery of Cuba would be inaugurated. The notice was confirmed during the signing of the 2007-2009 Collective-Bargaining Agreement and notice was also given concerning the respective […]

Cuba; Honduras: Cooperation Agreement

(Nov. 2, 2007) The Cuban Minister of Foreign Investment and Economic Cooperation, Martha Lomas, and the Honduran Minister for Technical Matters and International Cooperation, Karen Zelaya, recently signed an agreement of cooperation that includes joint programs for scholarships, educational training, internships, and technical visits. The agreement also covers expert technical assistance in areas of special […]