Belarus will supply one thousand tons of milk powder to Cuba in 2024
Source: sputnik.by
Minsk and Havana have signed regular agreements for the supply of Belarusian milk powder to Cuba, the Development Bank of the Republic of Belarus reported.
Currently, the delegation of the republic headed by Prime Minister Roman Golovchenko is on an official visit to the Island of Freedom.
The parties focused on the comprehensive development of trade and economic relations between the two countries, including, among other things, the implementation of joint ventures and supplies of Belarusian products.
"During the current visit, two more individual loan agreements were concluded in the amount of more than 2 million euros for settlements for the supply of powdered milk. In general, more than 1,000 tons of these products will be delivered to Cuba in 2024," the official website of the Development Bank said.
The documents were signed on the Belarusian side by Chairman of the Board of the BRDB Sergey Stolyarchuk, on the Cuban side by Chairman of Banco Exterior de Cuba Ernesto Medina Rosales, it is specified there.
As the head of the Belarusian bank noted, most of the supplies of Belarusian products to Cuba are carried out with the export support of the Development Bank, and the new loan agreements reinforce two commercial contracts signed between enterprises of Belarus and Cuba for the purchase of whole milk powder, which is needed today by Cuban partners for the manufacture of baby food and the formation of a full-fledged basic food basket.
In addition, during the visit, representatives of Belarusian enterprises signed contracts for the supply of their industrial products.
"All agreements and contracts are aimed at ensuring the food security of Cubans," Stolyarchuk stressed.
He also said that the next stage of the Belarusian-Cuban cooperation will be the creation of joint ventures for the production of dairy products.
"Today we discussed key issues of practical implementation of these projects, including financing mechanisms," said the Chairman of the Board of the Development Bank.
It is planned that Belarusian enterprises will provide long-term supply of raw materials and qualified support for these industries, he added.
The parties focused on the comprehensive development of trade and economic relations between the two countries, including, among other things, the implementation of joint ventures and supplies of Belarusian products.
"During the current visit, two more individual loan agreements were concluded in the amount of more than 2 million euros for settlements for the supply of powdered milk. In general, more than 1,000 tons of these products will be delivered to Cuba in 2024," the official website of the Development Bank said.
The documents were signed on the Belarusian side by Chairman of the Board of the BRDB Sergey Stolyarchuk, on the Cuban side by Chairman of Banco Exterior de Cuba Ernesto Medina Rosales, it is specified there.
As the head of the Belarusian bank noted, most of the supplies of Belarusian products to Cuba are carried out with the export support of the Development Bank, and the new loan agreements reinforce two commercial contracts signed between enterprises of Belarus and Cuba for the purchase of whole milk powder, which is needed today by Cuban partners for the manufacture of baby food and the formation of a full-fledged basic food basket.
In addition, during the visit, representatives of Belarusian enterprises signed contracts for the supply of their industrial products.
"All agreements and contracts are aimed at ensuring the food security of Cubans," Stolyarchuk stressed.
He also said that the next stage of the Belarusian-Cuban cooperation will be the creation of joint ventures for the production of dairy products.
"Today we discussed key issues of practical implementation of these projects, including financing mechanisms," said the Chairman of the Board of the Development Bank.
It is planned that Belarusian enterprises will provide long-term supply of raw materials and qualified support for these industries, he added.