Cuba, Venezuela Plan $1 Billion in Joint Projects
HAVANA – Cuba and Venezuela have proposed to undertake about 300 joint economic cooperation projects this year valued at more than $1 billion, Havana’s Minister of Foreign Investment and Economic Cooperation said Monday.
The Cuban minister said that the two countries carried out projects worth more than $700 million last year as part of the Bolivarian Alternative for the Americas (ALBA).
Oil-rich Venezuela, Cuba’s main ally, supplies the island with about 100,000 barrels of crude oil each day in exchange for education and health-care services.
Cuba has helped the South American country’s literacy campaign to teach more than 1 million Venezuelans to read and write and has helped to provide free medical care to more than 17 million residents of Venezuela.
You may be interested
PeaceJam to host first Youth Summit in Costa RicaAlejandro Zúñiga - October 19, 2018
Nobel Peace Laureate Jody Williams will headline the first PeaceJam Youth Summit in Costa Rica next month. The event, scheduled…
The energy of soundAlissa Grosskopf - October 19, 2018
“Sound is vibration, vibration is energy and that energy is light,” said Costa Rican musician Carlos "Tapado" Vargas. Apart from…
Human rights defender Alvaro Leiva: ‘There is a permanent darkness in Nicaragua’Katherine Stanley - October 19, 2018
When Alvaro Leiva took the stage at a recent fundraiser for Nicaraguan refugees and immigrants in Costa Rica, all eyes…