EU stays Cuba´s prime commerce companion, dedicated to ‘mutual respect,’ prime diplomat says


HAVANA, Might 25 (Reuters) – The European Union´s prime diplomat mentioned in Havana on Thursday that the 27-member bloc stays Cuba´s prime commerce companion, and one dedicated to “mutual respect” regardless of U.S. sanctions and the communist-run island´s rising overtures in direction of Russia.

EU international coverage chief Josep Borrell, throughout his first public look on a four-day journey to Cuba, informed a gaggle of native entrepreneurs the European Union was additionally the second-largest supply of vacationers to Cuba, behind Canada.

“Regardless of all the restrictions [and] the restrictive measures of the U.S. blockade, which doesn’t make issues simple, we’re [Cuba´s] principal commerce companion,” Borrell mentioned.

America imposed a commerce embargo on Cuba shortly after Fidel Castro´s 1959 revolution, a relic of the Chilly Battle which continues to complicate monetary and banking transactions with the Caribbean island nation.

Such sanctions, Cuba says, have contributed to its current drive to extend industrial and commerce ties with Russia, which has additionally confronted sanctions from each america and the European Union following its invasion of Ukraine.

Cuba has mentioned Russia will not be answerable for the Ukraine battle, blaming america as an alternative.

The EU´s Borrell, who spoke with entrepreneurs and fellow European diplomats Thursday, mentioned “it’s clear that we’re rather more essential [in terms of trade] than different companions reminiscent of Russia and China.”

He mentioned the EU accounted for about one-third of international commerce on the island, “versus 8% by China or 8% by Russia.”

Borrell introduced throughout his discuss with entrepreneurs a 14 million euro fund to assist promote small enterprise in Cuba, an indication of the EU´s “need to accompany Cuba in its means of … financial and social reforms in a relationship of mutual respect,” he mentioned.

The European Union, a long-time commerce companion with Cuba, has beforehand expressed concern over human rights on the island following anti-government protests in July of 2021, the most important such demonstrations in a long time.

Borrell mentioned on Thursday that he hoped to satisfy with Cuban officers to debate human rights earlier than the tip of 2023.

Reporting by Nelson Acosta; Modifying by Dave Sherwood and Andrea Ricci

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