The Democratic People''s Republic of Korea (DPRK) and Cuba signed today two protocols of international collaboration in trade and scientific-technical development.
The signing, that took place at the Ministry of Foreign Trade and Foreign Investment in this capital, was in charge of Cuban minister of that portfolio, Rodrigo Malmierca, and the DPRK ambassador here, Pak Chang Yul.
The trade protocol establishes the transaction of goods through the Barter mode of exchange, first for supplies for the Cuban Railway Union and to promote the island's sugar industry.
Barter is a universal mode of exchange where goods or services are directly exchanged for other goods or services without using a medium of exchange, such as money.
These agreements also support sectors such as health, higher education, culture, sports and agriculture, among others.
News
DPRK, Cuba Signed Trade Protocols
Source
Prensa Latina
Date
