Economy 31-05-2018

Cuba and Venezuela will strengthen industrial projects for economic development

Venezuela and Cuba will strengthen two lines of work within the framework of cooperation on the one hand they will consolidate the bilateral exchange and on the other hand they will promote new industrial projects for economic development.

This was announced today by the president of Venezuela Nicolás Maduro who received his Cuban counterpart Miguel Díaz-Canel at the presidential palace of Miraflores in Caracas where he was awarded the Libertadores Order in his first class.

The Libertadores Order is the highest distinction offered by Venezuela to distinguished personalities in this case Díaz-Canel thanked the award as a "fair recognition to the Cuban people who have had in their pages glorious and sacrifices the deeds of Bolívar and Martí to make dreams of independence a reality".

The president of the Councils of State and Ministers of Cuba today began an official visit to Venezuela in which he visited the National Pantheon where he paid tribute to the Liberator Simón Bolívar the Plaza Bolívar in Caracas and the Cuartel de la Montaña where he paid tribute to the deceased president, Hugo Chávez.

Maduro explained that he held a day's work today with Diaz-Canel to review the agreements and projects between the two nations. "We have talked in detail about the mistakes made the shortcomings and the potential" said the Venezuelan president.

He explained that they agreed as the first line of work to consolidate and renew the health cultural and sports missions they share as well as the energy economic commercial financial and tourist cooperation between Cuba and Venezuela.

While in the second line of work both nations have proposed to design a plan that allows to advance in industrial projects, to "develop a solid economic base" through bilateral economic cooperation.

"We know that the pending issue of our revolutions of independence is the economic task economic development" added the Venezuelan head of state.

"I trust that with the same forces that we have advanced in the other areas we will advance in the shared economic development between Cuba Venezuela ALBA and our America" Maduro said.

Earlier Diaz-Canel participated in the solemn session of the National Constituent Assembly in which he reiterated support for the South American country "in its resistance against the criminal political diplomatic economic and financial war of which it is a victim."

Miguel Díaz-Canel is the first head of state to make an official visit to President Nicolás Maduro after his reelection as president, on Sunday, May 20 for the period 2019-2025.


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