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Cuba, Vietnam sign energy agreement and other accords

General Secretary Nong Duc Manh was greeted at Friday's signing ceremony by Defense Minister Raul Castro, Cuba's provisional president since his brother Fidel fell ill 10 months ago.

The leaders also inked deals covering sports, culture, rice production and telecommunications.

Officials released limited details about the agreement between the state oil companies Cuba Petroleos and Petrovietnam, but said it called for a partnership for exploration and drilling both in the Gulf of Mexico and onshore.

Cuba already has formed exploration partnerships with other foreign companies such as Spanish-Argentine Repsol YPF, ONGC Videsh Ltd. of India, and Sherritt International Corp. of Canada.

Manh was also to meet with Vice President and Cabinet Secretary Carlos Lage during his visit which ends Sunday. The Vietnamese leader is on a Latin American tour that included stops in Chile, Brazil, and Venezuela.

Source: ThanNiem News


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