Cuba: Raul Castro on state visit to Paris

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By Euronews  with AFP, Reuters
Cuba: Raul Castro on state visit to Paris
  • First visit by Cuban leader for two decades
  • Castro given full honours
  • Trade deals expected to be signed

The news

Raul Castro is visiting France.

This visit is important for Cuba's image

The two-day trip is the first to Europe by a Cuban leader for two decades.

President Castro was received by French Environment Minister Segolene Royal

A state dinner with President Francois Hollande is also planned.

The Cuban delegation will also meet French business leaders and the head of UNESCO.

The deal

Analysts are viewing the trip as another step in the normalisation of Cuba’s relations with the West.

The visit comes in the wake of a breakthrough deal signed in November that lightens Havana’s foreign debt burden.

As Havana’s biggest creditor, France played a key role in December in a debt relief deal between Cuba and the foreign governments it owes money to.

Its Paris Club creditors agreed to forgive $8.5 billion in late interest payments of Cuba’s $11.9 billion in debt, including $4 billion in late payments due to France.

In pictures and tweets

French companies investing in Cuba

  • Pernod-Ricard (produces Havana Club Rhum)
  • Accor (hotels)
  • Bouygues (construction)
  • Alcatel-Lucent (telecommunications)
  • Total and Alstom (energy)

At 180 million euros per year, trade between Paris and Havana has been described as “very slight”. (source:AFP)

Did you know?

In 2015, Francois Hollande became the first western head of state to visit Cuba since the 1959 revolution.

The French President visited in May.

What they are saying

“This visit is important for Cuba’s image.”Eduardo Perera, University of Havana.

“It (the visit) is an additional gesture on France’s part after forgiving the late interest payments.” – an unidentified diplomatic source

“Trade is still not at the height of our ambitions.”French external trade minister Mathias Fekl.