Cuba and Japan normalise financial relations
The Asian power accepted writing off around two thirds of Havana’s millions of dollars’ worth of debt in an agreement that is a follow-up to what was agreed upon almost a year ago with the Paris Club.
Cuba took with Japan another important step in its strategy to organise foreign accounts and recover international financial credibility. Both countries signed this week an agreement to regularise the Cuban debt with this Asian power, which is close to 180 billion yens or 1.75 billion dollars.
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