Moscow doubled its agro-industrial exports to the Island in 2023
14ymedio, Havana, 8 June 2024 — During the tour carried out by Cuban Deputy Prime Minister Ricardo Cabrisas in search of funding for the Development Plan of Cuba until 2030, at the International Economic Forum of St. Petersburg 2024 (SPIEF), it was reported that exports of agro-industrial products from Russia to Cuba doubled last year, compared to 2022.
According to official data, the trade between Russia and Cuba in 2022 amounted to 451 million dollars, although Moscow intended to improve that number the following year. Most of the trade was agricultural, although the Russians also invested in construction and tourism.
According to the official press, the Russian Minister of Agriculture, Oksana Lut, indicated that Moscow believes that it is possible to further expand sales to the Island. Lut assured that her country has all the necessary resources to “guarantee the food security of the Cuban State.”
For Cuba it is important to attract business on Cabrisas’ tour, and this is why it is among the largest delegations to the forum
“Russia and Cuba are historically united by close relations. Not only is political dialogue developing, but economic-commercial coopera