Informacion economica sobre Cuba

Russian Corp Resumes Co-Op with Cuba

Odalys Buscaron Ochoa

Moscow, May 26 (Prensa Latina) Russian and Cuban executives consider
positive negotiations to resume exchange with Russia's heavy truck
Corporation KAMAZ through the signing of new contracts.

At a business meeting with a delegation led by Transportation Minister
Jorge Luis Sierra, Company General Director Kogogin lauded the
resumption of active ties with the Cuban market.

The Russian executive said that with ties restored are ready to help
meet Cuban requests and promised to call a bid to invest in remodelling
KAMAZ trucks in Cuba with more cost-effective use of resources.

Kogogin reminded previous experiences with company projects in
Kazakstan, Iran, Vietnam and North Korea that also helped create jobs
and technology transfer.

He added that the Federal government is interested in backing overseas
trade and voiced support to Cuba as entry door to Latin America.

For his part, Cuban Minister Sierra mentioned as top priority
reconstruction of a large number of KAMAZ trucks to extend their use,
although we will have to buy new ones too.

The Cuban minister hopes the negotiations will lay the foundation for
long-term collaboration based on the fact that we chose a partner that
does not undergo a bid every year and expects in return fair prices.

The Transportation Minister will assess possible assembly of heavy
vehicles through a network of service shops and will purchase tyres.
Those are just some examples of what could KAMAZ do for Cuba.

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