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Zorro

(15,737 posts)
Sun Apr 28, 2013, 11:46 AM Apr 2013

Venezuela's Maduro pledges continued alliance with Cuba

Cuba and Venezuela signed cooperation accords on Saturday for 51 projects as Venezuelan President Nicolas Maduro, on his first trip to the island since his election, pledged to maintain the close alliance forged by his late predecessor, Hugo Chavez.

Maduro said they would jointly spend $2 billion this year on "social development," but it was not clear if he was discussing the 51 projects, few details of which were disclosed, or other works.

His visit appeared aimed in part at allaying Cuban worries about post-Chavez relations with the oil-rich South American nation that is Cuba's biggest ally and benefactor.

Venezuelan oil and money help keep the communist-ruled island's troubled economy afloat and the governments have about 30 joint ventures, most of them in Venezuela.

http://news.yahoo.com/venezuelas-maduro-pledges-continued-alliance-cuba-042015689.html

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Venezuela's Maduro pledges continued alliance with Cuba (Original Post) Zorro Apr 2013 OP
Good. n/t Daniel537 Apr 2013 #1
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