Belarus and Cuba entered into loan agreements to pay for the supply of milk powder

Published 2024년 7월 19일

Tridge summary

Belarus and Cuba have entered into two loan agreements worth over 2 million euros to fund the supply of powdered milk from Belarus to Cuba. The agreements were signed during a visit of Belarusian government officials to Cuba, led by Prime Minister Roman Golovchenko. The loans will facilitate the supply of over 1,000 tons of milk powder to Cuba in 2024. The Development Bank of Belarus is facilitating the export of Belarusian products to Cuba, with a focus on food security. The plans also include the establishment of joint ventures for the production of dairy products.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Belarus and Cuba entered into two loan agreements worth more than 2 million euros to pay for the supply of powdered milk, the press service of the Development Bank told BELTA. The agreements were concluded during the official visit of representatives of Belarusian government bodies and organizations led by Prime Minister Roman Golovchenko to Cuba. The documents were signed on the Belarusian side by the Chairman of the Board of the Development Bank, Sergei Stolyarchuk, and on the Cuban side, by the Chairman of Banco Exterior de Cuba, Ernesto Medina Rosales. “The Development Bank has long built a financial bridge with its Cuban colleagues, which helps to increase the export of domestic goods in demand in Cuba. During the visit, two further individual loan agreements were concluded in the amount of more than 2 million euros for payments for the supply of milk powder. In general, in 2024, More than 1 thousand tons of these products will be supplied to Cuba,” the bank informed. “The ...
Source: Milknews

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