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25 June 2025, 11:38

Belarus, Cuba identify points of growth in trade and economy

MINSK, 25 June (BelTA) – Belarus and Cuba have identified promising points of growth in trade and economy, Belarusian President Aleksandr Lukashenko said as he was meeting with Cuban President Miguel Diaz-Canel Bermudez on 25 June, BelTA has learned.

It was noted during the talks that Belarus-Cuba commission on trade and economic cooperation had established a schedule of regular, annual meetings. This shows mutual interest in deepening bilateral interaction.

“Taking into consideration the complementarity of the economies of Belarus and Cuba, our experts have identified a number of promising points of growth in trade and economy. They include areas that are strategically important for Havana: food security, industrial modernization, development of the construction industry, transport infrastructure, energy and mining sectors, as well as access to high-quality medicines,” the head of state said.

Belarus also sees good prospects to ramp up joint production of agricultural machinery, trailers and attachments.

“We are ready to supply new equipment, including with the use of leasing instruments. We can offer engines, spare parts, as well as machine tools and equipment for Cuban repair enterprises. In addition to industrial cooperation, we could supply Belarusian raw materials, share our best practices and technologies for the joint production of dairy and meat products,” noted Aleksandr Lukashenko.

According to the president, export loans of the Development Bank of Belarus that are used to support the supply of Belarusian products to Cuba have proved to be relevant and important. Today, dry milk and agricultural machinery are sold using this scheme, but the Belarusian side is interested in consistently expanding the list of products that can be sold using this scheme.

“I am sure that following today's meeting we will develop effective solutions and will be consistently implementing them. Minsk and Havana have everything in place to move forward: political will, mutual understanding, absolute support of the heads of state. And, perhaps, most importantly - a long history of cooperation. I assure you that I have not forgotten about the promise to visit Cuba. I will try to do it in the future. I am going to come to your country that is warm and sunny in every sense of the word, and even very hot,” said the Belarusian leader.

Aleksandr Lukashenko emphasized that Belarus is committed to an open and candid dialogue. It is ready to work together to maintain social and economic stability in the two states and raise the living standards of the population. “You should know that we are your friends. Even more than friends. And if we can do something for the Cuban people, for Cuba, we will definitely do it,” the head of state concluded.
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