The deputy prime minister and head of Economy and Planning, Alejandro Gil, received on Wednesday the Italian deputy minister of Foreign Affairs and International Cooperation, Marina Sereni, who discussed the transformations of the Cuban economic model.

With the participation of officials from the Embassy of the European country in Havana and managers from the Caribbean island, the exchange made it possible to address the process of improving economic actors that began in September 2021, the website of the Ministry of Economy and Planning reported.

In particular, Gil explained what refers to the integration of micro, small and medium-sized enterprises into the Cuban scenario, as well as territorial development.

Meanwhile, the Italian Vice Minister of Foreign Affairs expressed the will of her country, within the framework of the excellent bilateral relations, to consolidate collaboration and help the economic development of the island.

Last Monday, both parties signed a Memorandum of Understanding on the Triennial Programming of Development Cooperation in Cuba 2021-2023, which establishes three prioritized sectors for exchange: culture, heritage and creative economies; local development and territorial innovation and sustainable agriculture, environment and agri-food systems.

These lines of work are in correspondence with the strategic sectors defined in the National Plan for Social Economic Development until 2030, and with the Cuban strategy to boost the economy and confront the global crisis caused by Covid-19.

Based on this agreement, Italy will provide a total amount of 12 million euros for the execution of cooperation initiatives in Cuba, with which it reaffirms itself as one of its main donors within the European region.

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