Inform-24: Parliamentary news
Presidential Commissioner for the Protection of Entrepreneurs’ Rights, Head of the Business Council of Russia – Cuba Boris Titov met in Havana Vice Prime Minister of the Republic of Cuba Ricardo Cabrisas Ruiz and Minister of Foreign Trade and Investment Rodrigo Malmierca Diaz. One of the main topics of the associations was the creation of the so-called Russian Trading House, a joint venture with the Cuban state corporation CIMEX.
“The International Commission for Trade, Economic, Scientific and Technological Cooperation, pursued by Ricardo Cabrisas and Deputy Prime Minister Dmitry Chernyshenko, today has found a new breath, – said Boris Titov. – All these are the results of the summit meeting that took place in Moscow, and the Russian side is currently working very hard to bring our assessments of relations to a new level. In turn, the task of the Business Council is to inspire the energies of entrepreneurial initiative into these relations.
The council includes many Russian companies engaged in interesting promotion of their products in Cuba. Our proposal is here in Havana, a Russian trading house with the participation of CIMEX, which would become a single wholesale importer of products and independently set prices in the retail market. The decision of the Cuban court is expected in the coming days.”
Deliveries of Russian products (confectionery, milk powder, consumer goods) to CIMEX are already underway, but the creation of the enterprise will be a new stage in development. “Banking services are very important for the operation of the Russian Trading House,” Titov noted. – One of the proposals concerns the creation of a new settlement system, in which the accounts of all trade participants would be entered. Not only a clearing house, but, by and large, an organization with a banking license, the main task of which is to significantly reduce the volume of cash payments. And of course, we will have to deal with issues of lending, leasing, and factoring. It is very difficult without financial instruments.”
Cuban Foreign Trade Minister Rodrigo Malmierca Diaz, in turn, promised a comprehensive support project. “We are working to ensure that Russian investments in Cuba are subject to protection,” he said. “Despite the difficulties that arise with liquidation, we usually meet this private enterprise with an appeal so that it does not have to repatriate its projects.”