Live Breaking News & Updates on Cuba Russia Business Economic

In recent days, a series of public announcements have been made about Russian investments in Cuba. "They are giving us preferential treatment, the path is clear," declared Boris Titov, the head of the Russian delegation at the closing of the Cuba-Russia Business Economic Forum. The conditions offered to Russian capitalists are very favourable to them: 30-year land concessions – longer than those that have been in place until now – tax exemptions on machinery imports, and the repatriation of profits. ....

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