On Wednesday, China’s Government formalized the donation of 700 million yuan (about 100 million dollars) to Cuba to support projects of social impact linked to priority sectors of its economy.
Cuban Ambassador to China Carlos Miguel Pereira informed that he signed the agreement alongside Tang Wenhong, Vice-Chairman of the China International Development Cooperation Agency, to deliver these resources.
China granted the donation when Cuban President Miguel Díaz-Canel visited this nation in November, and the parties sealed several agreements in different sectors.
According to Pereira, its implementation “will also contribute to China’s strategic participation in our economic and social development plans and the construction of a community of shared destiny that we wish to create for the benefit of our countries and peoples.”
Díaz-Canel made a brief and intense visit to China on November 24-25, which included official talks and where he signed agreements to boost bilateral cooperation.