Russia is expanding its economic and trade ties with Cuba, per TASS.
Russia has been pivoting to alternative markets in the face of Western sanctions.
Cuba — which has been sanctioned by the US for decades — has been in an economic crisis since the COVID-19 pandemic.
AdvertisementRussia has set its sights on broader economic and trade ties with Cuba.
The companies are involved in various sectors including heavy industry, energy, banking, agriculture, IT, and tourism, Chernyshenko said at an intergovernmental meeting between Russia and Cuba.
Persons:
—, Dmitry Chernyshenko, Chernyshenko
Organizations:
Service, TASS
Locations:
Russia, Cuba, Russian