Categories: Trade Relations

Japan Donates $10 Million to Cuba

Japan has donated the sum of 1.5 billion yen (US$10 million) to Cuba for the purchase of special equipment to be used for communal services in Havana. The agreement was formalized at a signing ceremony by Masahisa Sato, Japan’s Minister of State for Foreign Affairs, and Antonio Luis Carricarte, Cuba’s Deputy Minister of Foreign Trade and Foreign Investment (MINREX). Japan’s contribution will form part of an extensive aid program aimed at the development of the Caribbean nation which, in turn, will strengthen economic ties between the two nations. The donation consists of non-reimbursable financial assistance granted by the Japanese government to assist in the collection and disposal of solid waste, tools and equipment. Japan and Cuba have held bilateral relations since 1961.  Japan has been very interested in assisting Cuba in development in areas such as  technical cooperation, environment, cultural donations and community projects for human security.Advertisement. Scroll to continue reading. Japanese Prime Minister Shinzo Abe made an official visit to Cuba in September of 2016.  During his visit, the Prime Minister held meetings with President Raúl Castro Ruz and other government officials.  It was the first visit by a Japanese prime minister to Cuba. In March of last year,…

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Zoe Veraz

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