Tuesday, December 16, 2008

Castro on First Presidential Trip

Cuba’s new president, Raul Castro, made his first oversees trip and visited Venezuela, a long time Cuba ally. On this trip, Castro met with Hugo Chavez where the two of them signed a series of joint energy and commercial deals. Also during this trip, 300 different projects in health, education, and culture were announced.

This visit was mostly symbolic in nature, but the two leaders discussed ways to deal with the global economic crisis and the low price of oil, which Cuba receives 90,000 barrels of oil from Venezuela everyday.

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