India, Cuba stand for South-South cooperation

ANI  |  Havana [Cuba] 

Both and have strong and friendly relations and stood for South-South cooperation respectively, the (MEA) said here on Friday.

She underscored that handed over instruments of ratification for the (ISA), while adding that and have collaborated with each other closely in the (UN) and other international forums.

"handed over instruments of ratification for ISA. announced Lines of Credit of USD 27.5 million for the upgradation of the transmission network, USD 3.5 million for maintenance of Chetak helicopters and USD 20 million for in 49 villages," Saran added.

Furthermore, she termed President Kovind's visit to as 'important', as the country was celebrating the 145th anniversary of the arrival of Indians to

"We have come to the conclusion of President's successful three-nation visit. In Suriname, he was there for two days. It is an important country for us," Saran said.

Earlier on Friday, President Kovind spoke on the issue of global cooperation and stressed on the importance of South-South cooperation.

While addressing a gathering at the University of Havana, President Kovind said," I have chosen to speak on the theme of and global South as it happens to be central to both Indian & Cuban foreign policy. "

"The newly developing countries were looking to occupy their space in the comity of nations. The Conference of 1955 was the first collective voice of the developing countries demanding their sovereignty and territorial integrity. This led to the formation of the Group of 77 at the Out of this solidarity was born South-South cooperation which till today forms the bedrock of development partnership within developing countries in Asia, and Latin America," he added.

The President further asserted that it is necessary for the developing countries to form the core of South-South cooperation, in order to develop mutual respect and solidarity.

Talking about India-Cuba relations, President Kovind said, "We have strong diplomatic ties and we look forward to enhancing bilateral engagement."

In the presence of the Cuban President Miguel Díaz-Canel and President Kovind, two Memoranda of Understanding (MoUs) in the fields of bio-technological sphere and traditional system of medicine and were signed.

India also offered a soft loan for the solar projects under the framework agreement of the ISA, of which Cuba is a founding member.

Prior to Cuba, President Kovind visited and Suriname and discussed issues of bilateral concerns with the concerned dignitaries of respective countries.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, June 23 2018. 09:25 IST