Caribbean and Cuban leaders agree to promote economic links

Caribbean and Cuban leaders agree to promote economic links

Business

Cubaplus courtesy of Prensa Latina

In their 7th Summit the Heads of State of the Caribbean Community and Cuba agreed on Tuesday to promote economic and trade relations by identifying 'our strengths and possible complementarities.'

The Summit's Final Declaration notes that 'the Cuban economic model update, the Cuban foreign investment law and the Mariel Special Development Zone offer broad and additional opportunities for widening and reinforcing the economic ties between Caricom and Cuba.'

The leaders who held their meeting through videoconference recognized the promotion of sustainable tourism as one of the keys to economic development in the Caribbean region.

Under that light, they agree to strengthen cooperation, including the implementation of multi-destination tourism in accordance with the terms of the Memorandum of Understanding between the Government of the Republic of Cuba and Caricom States signed at the 6th Caricom-Cuba Summit.

The Caribbean leaders rejected the imposition of unilateral coercive measures and, in that context, call for an immediate and unconditional end of the economic, commercial and financial blockade implemented by the Government of the United States of America against Cuba.

They also demanded the termination of the US persecution of Cuban financial transactions, the relentlessness of which has increased.