Guantanamo.- Russia will provide funding for investment projects in Cuba, amounting to one billion dollars, as announced by Dmitry Chernyshenko, deputy prime minister of the Russian cabinet, during a conversation with the Cuban media.

This conversation took place shortly after the conclusion of the official Russia-Cuba talks held in the Kremlin on May seven, chaired by Presidents Vladimir Putin and Miguel Díaz-Canel Bermúdez.

According to Chernyshenko, the two nations have achieved a remarkable level of collaboration and mutual understanding, thanks to their unwavering efforts over the past eight years.

He highlighted that Russia has developed a modern framework that provides opportunities for domestic entrepreneurs to contribute to the Cuban economy.

In this regard, he mentioned a special document signed in 2023, known as the 2030 Plan, outlining the commitment of Russian companies and entrepreneurs to invest over a billion dollars into the Cuban economy.

Chernyshenko also stated that during the official discussions, President Putin emphasized the implementation of a special mechanism to provide financial assistance to Russian entrepreneurs, enabling them to invest in the Cuban economy in areas of utmost importance, such as energy supply, agriculture, and lighting.

On the other hand, the Russian official referred to tourism among the fields of cooperation between both countries, citing the natural beauty and the allure of Cuba’s beaches.

In this context, he stated Russia’s goal of becoming the country with the most presence of tourists in the Cuban market.

Furthermore, Cuba will soon participate in a tourism-focused event that will take place in Moscow in July. (Source: Cubadebate)