China and Cuba on Tuesday signed an array of 29 cooperation agreements to support the Caribbean country’s development and enhance bilateral ties as President Xi Jinping paid his first-ever state visit to Cuba. Among the deals, China’s Bank of Import and Export offered Cuba a 730 million RMB ($115 million) loan for Santiago Port, Cuba’s second-largest port, to boost the country’s infrastructure construction and facilitate better trade…Full Article: Chinanews.com July 2014

Key Point

  • China and Cuba agreed to build a pilot agricultural park in Cuba (Chinese to provide training). In addition, both sides agreed to research and develop the Moringa tree, a tree with high nutritional content that is grown in both Cuba and southwestern China

Similar Posts by ChinaAg

Spread the word. Share this post!