[NYTr] Cuba,  Bolivia Sign Economic Agreement
 
Date: Thu, 22 Nov 2007 15:31:32 -0600 (CST)

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Agencia Cubana de Noticias (ACN)
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Cuba and Bolivia Sign Economic Agreement

Havana, Nov 22 (acn) Cuba and Bolivia are moving forward in terms of 
economic and trading relations as representatives of the two countries 
recently signed a complementary economic agreement in La Paz, Bolivia.

Cuban Vice Minister of Foreign Commerce, Pedro Luis Padron, told Prensa 
Latina that the agreement will facilitate access to the international 
market, among other issues, while showing closer relations with Bolivia.

The Cuban official said the agreement is based on a zero-tax 
sales-purchase policy, one of the most important benefits, part of the 
Bolivarian Alternative for the Americas (ALBA) and the Trade Treaty for 
the People (TCP), signed by the two governments.

Other items in the deal cover chapters related to economic norms, and 
others related to the resolution of conflicts and health matters.

Padron mentioned food and textiles as the main products for the 
commercial exchange, which closed 2006 with more than 50 million 
dollars in sales.

For her part, Celinda Sosa, the Bolivian Minister for production and 
small enterprises stressed the possibilities for development in the 
production sector provided by the ALBA-TCP agreements.

Sosa said the participation of small Bolivian companies at the recently 
concluded International Trade Fair of Havana and of Cuban enterprises 
in those of Cochabamba and Santa Cruz, shows the increasing economic 
exchange between the two countries.
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