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Cuba-Russia economic ties best in history: officials
21/10/2008 17:12

Cuban and Russian officials said at a forum yesterday that economic and trade ties between the two countries are currently the best ever.
More than 140 business leaders participated in the economic forum in Havana, chaired by Cuban Vice Exterior Minister Orlando Hernandez Guillen, Russian Vice Industry and Trade Minister Stanislav Naumov and Russian Vice Energy Minister Viacheslav Sinyugin.
The forum was the latest step to boost Cuban-Russian ties.
Strains in relations between the two countries climaxed in 2001 after Moscow's surprising decision to withdraw its listening base from Lourdes, an electronic spying center in Havana, which had been there since 1964.
"This forum provides new opportunities to enhance our economic ties with Russia," said Hernandez.
Meanwhile, Russia's ambassador to Cuba Mikhail L. Kamynin said his country "has been and will always stand with Cuba."
The two nations had 30 years of strong political, economic and military ties during the Soviet era.
The business forum aimed to "tune direct communication mechanisms between the two countries' entrepreneurs," officials said.
Russia is the 10th biggest trade partner of Cuba, with a trade volume of US$363 million in 2007.
The forum was organized by the Commerce Chamber of Cuba together with the Commerce Chamber of the Russian Federation, the Russian company RESTEC and the foreign ministries of both countries.


Xinhua