Wednesday, January 04, 2012

Suriname barter deals with Cuba pending

Suriname barter deals with Cuba pending
By Stabroek editor
Wednesday, January 4, 2012

PARAMARIBO – Suriname's exports to Cuba might get another dimension in
the times ahead. Preparations are underway to strengthen trade ties with
the island nation and Foreign Affairs Minister Winston Lackin hopes the
first transactions will take place in the first half of this year. Those
will involve barter deals with local businesses delivering goods and
products to Cuba in return for Cuban products as payment. This deal was
brokered by of President Desi Bouterse on his visit to Cuba in May last
year. Lackin explains that during the President's visit, Cuban
representatives requested the delivery of crossties for their sugar
industry's railroads. They are also interested in rice. In exchange,
Cuba can supply cement and fertilizer, Lackin says, adding, "We know
Cuba doesn't have much capital or private investments, and we're looking
for some type of barter deals with Cuba." The transactions will be made
by private businesses, however. Furthermore, the possibility of
facilitating sea transport between Suriname and Cuba and better
connections with the region is being considered.

http://www.stabroeknews.com/2012/news/breaking-news/01/04/suriname-barter-deals-with-cuba-pending/

No comments: