Friday, July 25, 2014

Russia to give Cuba $1m to restore damage from Hurricane Sandy

Russia to give Cuba $1m to restore damage from Hurricane Sandy
25.07.2014 | Source: Pravda.Ru

Officials with the Russian Foreign Ministry said that Russia would give
Cuba a million dollars for the restoration of damaged housing in the
province of Santiago de Cuba. The document was signed by the Russian
Ambassador in Cuba Mikhail Kamynin and coordinator of the UN system in
Havana Myrta Kaulard.

"Russia will allocate one million dollars for the reconstruction of
housing stock in the province of Santiago de Cuba, damaged in 2012 by
Hurricane Sandy. The Funds will be used to finance the project,
developed by the UN Development Programme (UNDP) . In particular, it
stipulates for the repairs of hundreds of homes, which will give
primarily low-income families an opportunity to return to permanent
places of their residence. Construction materials will be purchased on
the local market, which will contribute to the development of small and
medium-sized Cuban business.

"This project will further strengthen friendly Russian-Cuban relations,
demonstrating the increasing role of Russia as a donor of international
development," a statement from the Russian Foreign Ministry said.

Representatives of the Cuban Ministry for Foreign Trade and Foreign
Investment attended the signing ceremony, ITAR-TASS reports.

Source: Russia to give Cuba $1m to restore damage from Hurricane Sandy -
English pravda.ru -
http://english.pravda.ru/news/world/25-07-2014/128166-russia_cuba_sandy-0/#.U9KJr_mSwx4

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