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Cuba and DPRK sign protocols on trade and scientific collaboration

Xinhua, January 29, 2016 Adjust font size:

Cuba and the Democratic People's Republic of Korea (DPRK) agreed here on Thursday to sign two protocols on trade as well as scientific and technical development.

These documents were signed by the island's minister of Foreign Trade and Foreign Investment, Rodrigo Malmierca, and DPRK ambassador to Cuba, Pak Chang Yul.

The trade protocol established the exchange of goods between both parties through a barter agreement in favor of supplies for Cuba's Railway Union and the sugar industry.

The agreements will also support other sectors such as healthcare, higher education, culture, sports and agriculture, among others.

Both Malmierca and Pak agreed that there exists a strong political will between Havana and Pyongyang to develop their economic and science links.

Cuba and the DPRK established diplomatic relations on Aug. 28, 1960, and have maintained relations in trade and commerce while supporting each other in international political forums.

At present, the Caribbean island and the Asian country have ties in education, oil, agriculture and trade. Endi