Russia approves 38 million euro loan to Cuba's military
(VOVWORLD) - Russia has approved a 38 million euro (43.27 million USD) loan for Cuba’s defense sector, a senior Russian defense official was quoted as saying on Wednesday.
 Cuban President Miguel Diaz-Canel talks with Russian President Vladimir Putin during a joint news conference following their meeting at the Kremlin in Moscow, Russia November 2, 2018. (Photo: REUTERS/Maxim Shemetov) |
The deal was first announced in November after Russian President Vladimir Putin met Cuban President of the Councils of States and Ministers Miguel Diaz-Canel in Moscow. Russia’s Kommersant newspaper had previously reported Moscow planned to grant Cuba a loan to buy Russian hardware such as tanks, armored vehicles and possibly helicopters.