Sunday, October 02, 2022
name of Prensa Latina
Bandera inglesa
English Edition
name of Prensa Latina



Putin approved protocols to postpone payment of Cuban debt


Putin approved protocols to postpone payment of Cuban debt

Moscow, Jun 11 (Prensa Latina) Russian President Vladimir Putin signed a law that ratifies four protocols of the Russian-Cuban intergovernmental loan agreements that grant Havana a deferral of payments, the legal information website published on Saturday.
Share on facebook
Share on twitter
Share on whatsapp
Share on telegram
Share on email

The document was ratified on June 8 by the Russian Federation Council (Senate) and on May 24 by the State Duma (Lower House of Parliament). During the exchange of opinions on the subject in the upper house, the senators stressed that the extension of these agreements will allow them to help Cuba finance oil supplies and will help strengthen Russia’s position in Latin America.

The International Affairs Committee of the Federation Council pointed out that cooperation between Cuba and Russia is very important for the country.

The provision of aid to the friendly Republic of Cuba to finance the purchase of oil and its byproducts will contribute to strengthening the political positions of the Russian Federation in Latin America, the committee stressed.

One of the protocols modifies the bilateral agreement on the granting of a state loan, dated January 30, 2009, and another on the approval of a credit to finance the supply of oil and its byproducts to Cuba, signed on March 20, 2017.

Another two extend the respective agreements between Moscow and Havana on the provision of loans to finance supplies of oil and its byproducts to Cuba, signed on December 13, 2017 and July 19, 2019.

Between 2006 and 2019, Russia provided Cuba with state export loans for an amount equivalent to 2.3 billion dollars, the explanatory note on the new law indicated.


name of Prensa Latina

| Text SMS to 8100 with content PL
Receive 4 mesages x 25 cup

© 2016-2021 Prensa Latina
Latin American News Agency

Radio – Publications  – Videos – News by the minute.
All Rigts Reserved.

St. E No 454 , Vedado,  Habana, Cuba.
Phones: (+53) 7 838 3496, (+53) 7 838 3497, (+53) 7 838 3498, (+53) 7 838 3499
Prensa Latina © 2021 .

Web Site developed by IT Division  Prensa Latina.