Russia Grants New Credit to Cuba to Buy Weapons

Russia will grant Cuba a state loan of 38 million euros (43 million USD) for the purchase of Russian military equipment, announced today the director of the Federal Service of Military Technical Cooperation, Dimitri Shugaev, reported Europa Press .

The new credit for military equipment comes at a time when the Cuban population is suffering shortages of many basic consumer products including medicines, and also strives to recover from a devastating tornado in the capital.

“The credit agreement was signed and already exceeded all internal procedures of the Russian side,” said Shugaev in an interview to the Russian newspaper ‘Kommersant’ when asked about the status of the agreement on the delivery of the said credit “which must be used to acquire Russian military equipment. ”



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