In the continuation of the follow-up on the agreement signed by the parties in 2015 for the rearrangement of the medium and long-term debt, Deputy Prime Minister Ricardo Cabrisas explained the economic situation in Cuba, aggravated by the blockade imposed by Washington in a global scenario of crisis.

The high prices of fundamental products illustrate the challenging panorama, which in Cuba’s case has been a victim of more than six decades of accumulated effects due to the economic, commercial and financial blockade.

The visiting delegation also shared with its counterpart, led by Emmanuel Moulin, director general of the Treasury of the French Republic and president of the Paris Club, the measures implemented to improve the Cuban economic and social model and the business opportunities for foreign investors.

According to the Cuban Embassy in France, the meeting with the Paris Club took place in a constructive climate of mutual understanding.

On Monday, in the prelude to the meeting, Cabrisas met in this capital with Moulin, with whom he discussed the progress of French-Cuban relations.

The parties expressed their willingness to continue deepening bilateral and multilateral economic, commercial and financial ties.

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