Cuba and Venezuela agree to swap goods for services
Sunday 13th December, 2009
Venezuela, an OPEC member, has agreed to supply Cuba with on favourable
financing terms for exports such as oil.
Already Venezuela exports 98,000 barrels of crude a day to Cuba.
Accords have also been signed in areas including education, sport,
fishing and energy.
Cuba is heavily dependent on imports of fuel and food and pays part of
its Venezuelan oil bill with the services of its professionals.
Cuba and Venezuela agree to swap goods for services (13 December 2009)