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Cuba and Colombia signed an economic cooperation agreement to expand bilateral trade.

Colombian officials told reporters that the agreement presents favorable opportunities to consider Cubas export potential, which were described as very competitive, particularly in the pharmaceutical and biotechnological fields.

"Cuba and Colombia have tremendous opportunities in the commercial arena and in the tourism sector, where each nation can complement the other," said Colombias trade minister.

The accord was penned by Cuban Foreign Trade Minister Raul de la Nuez and Colombia's Minister of Industry, Commerce and Tourism Jorge Humberto Botero, in the presence of Cubas Vice President Carlos Lage and in the context of Havanas International Trade Fair.

Source: ACN


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