Russia is ready to significantly increase supplies of agricultural products to Cuba

Published Jun 21, 2024

Tridge summary

At SPIEF 2024, Russian Agriculture Minister Oksana Lut and Cuban Deputy Prime Minister Ricardo Cabrisas discussed strengthening the economic partnership and expanding the trade of agricultural products between their countries. The trade volume of agricultural goods between Russia and Cuba has doubled in 2023 compared to the previous year, with the main exports being grain crops and fat and oil products. Russia has shown a commitment to increasing supplies to Cuba to ensure its food security.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

On the sidelines of SPIEF 2024, Minister of Agriculture of Russia Oksana Lut held negotiations with Deputy Prime Minister, Minister of Foreign Trade and Foreign Investment of the Republic of Cuba Ricardo Cabrisas. The parties discussed issues of expanding trade turnover of agricultural products and priority projects within the framework of economic partnership. This was reported by the press service of the agricultural department. As noted, Russia and Cuba have historically been united by close relations. Not only is political dialogue developing, but trade and economic cooperation is also gaining momentum. In recent years, the volume of mutual trade in agricultural products has also increased. For example, in 2023, the volume of trade turnover between Russia and Cuba in the field of agricultural production increased by 2 times compared to the ...
Source: Agrosektor
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