Ministerio de Relaciones Exteriores de Cuba

[Luc]

República de Cuba

Ministerio de Relaciones Exteriores de Cuba

Fidel Alejandro Castro Ruz, First Secretary of the Central Committee of the Communist Party of Cuba and Prime Minister of Cuba

Raúl Roa García, Foreign Minister of Cuba

[Red John]

Greetings to our Cuban friends! India has long been a supporter of the new Cuban regime, since it's just revolution just a few short years ago, and our support hasn't wavered in the slightest. The admiration we have for the Cuban peoples is boundless- your nation sits just off the coast of the United States, which detests your way of life and seeks to usurp your government. In spite of such an active threat, not only have the Cuban people persevered- they have prospered!

The state of Asia in recent years has been very troubling, and it would be very much reassuring if Cuba would agree to high-level visits, with the purpose of discussing mutual investments among other things. No doubt such generosity on part of your government would reignite our spirits in the subcontinent!

[Xaph]

We'd like to offer Cuba an open hand to shake should they be willing to rejoin the North American market. We think we can reach some agreement that will work for both parties.

[Red John]

Show

AGREEMENT BETWEEN THE GOVERNMENT OF INDIA AND
THE GOVERNMENT OF CUBA ON TRADE AND ECONOMIC COOPERATION

New Delhi

The Government of INDIA and The Government of CUBA

MOVED by the desire of expanding and strengthening the trade and economic relations between the two countries on the basis of equality and mutual interest,

HAVE AGREED upon as follows:

Article I

Both Contracting Parties, consistent with their obligations under the GATT, have on the basis of reciprocity, agreed to grant the most favoured nation treatment to their mutual trade. The said treatment shall apply to all matters pertaining to customs duties, import and export charges and taxes, administrative formalities, granting of import and export licences and transfer of payments relating to commercial exchanges.

Article II

The Contracting Parties have also agreed that the exceptions if any, to the most favoured nation treatment referred to in Article I above, will be in consonance and in accordance with the rules of GATT and the decisions of the Contracting Parties to the GATT.

Article III

The Government of India and the Government of Cuba shall endeavour to the maximum extent possible within their respective laws and regulations to increase the volume of trade between the two countries generally and in particular with regard to the goods and commodities mentioned in Lists ‘A' and ‘B' annexed hereto, which form part of the Agreement. The Contracting Parties shall periodically review these Lists and give wide publicity to the items included therein. These Lists are indicative in nature and shall not be construed as excluding goods and commodities not enumerated therein.

Both Parties being desirous of expanding the volume of two way mutual trade exchanges will explore the most appropriate ways and means of achieving that objective.

Article IV

With the object of fostering increase in mutual trade flows, both Parties will, inter alia,

Encourage and promote visits of commercial delegations to each other's country.
Encourage and promote establishment of direct and closer contacts between the businessmen and public and private enterprises of the two countries.
Grant all possible facilities to the businessmen and commercial enterprises for carrying on legitimate and permissible commercial operations.
Facilitate exchange of commercial information on mutually beneficial basis.
Article V

Both Contracting Parties agree that there are considerable possibilities of economic co-operation between the two countries in fields, such as,

Establishment of joint ventures in India and Cuba.
Supply of engineering and other services, plants, machinery and equipment of each other and to third country.
Joint execution of contracts, provision of services and establishment of Joint ventures in third countries.
Both parties agree to explore the possibilities of co-operating with each other in above and any other fields to the mutual advantage of both sides within the framework of their respective rules, laws and regulations.

Furthermore, both Contracting Parties agree to invest a minimum of 100 credits within the other, by the the year 1975.

Article VI

Each party shall allow the holding of permanent or temporary fairs or exhibitions by the other and shall extend to the other Party subject to its laws and regulations applicable generally all facilities for holding such fairs and exhibitions.

Article VII

All payments between the two countries shall be made in freely convertible currency in accordance with the laws and regulations in force in each country.

All documents relating to trade and economic relations between India and Cuba, such as, contracts, invoices, letters of credit payments and so forth will be expressed in any convertible currency.

Article VIII

Subject to laws and regulations in force in both countries, the merchant ships belonging to either of the two Contracting Parties shall enjoy, in respect of all matters relating to navigation, free entry into ports open to foreign trade, use of port facilities, loading and unloading dues, taxes and other facilities, a treatment in no way less favourable than the treatment accorded to ships of any other foreign country. This however, shall not apply to ships engaged in the coastal trade of either Party.

Article IX

Nationals and Companies of either party shall be accorded treatment no less favourable than that accorded to nationals and companies of any third country in respect of payments and transfer of funds and of financial instruments concerning direct or indirect payments between the territories of both Contracting Parties in accordance with laws and regulations in force in each of the two countries.

Article X

For expanding mutual trade, to establish closer economic and industrial cooperation and to facilitate the implementation of the present agreement, a Joint Committee consisting of the representatives of the two Governments will be established. To this end, the Joint Committee will meet alternatively in Havana and New Delhi once a year or oftener at the request of either Contracting Party.

Article XI

This Agreement shall remain in force for a period of two years and shall be automatically extended for periods of two years unless notice of termination is given by either Contracting Party four months prior to expiry date of the Agreement.

The terms of the validity of the present Agreement will not affect or prejudice in any manner the contracts already concluded before the termination of the above nor the payments arrangements due in respect thereof within the framework of this Agreement and which are still in force when the notice of termination of the Agreement is given.

Article XII

The present Agreement done in duplicate in Hindi, Spanish and English languages, shall come into force from the date of its signature. The three texts will be equally authentic. In case of doubt, the English text will be taken for reference.

A proposal, for our Cuban friends.

[Luc]

Show

AGREEMENT BETWEEN THE GOVERNMENT OF INDIA AND
THE GOVERNMENT OF CUBA ON TRADE AND ECONOMIC COOPERATION

New Delhi

The Government of INDIA and The Government of CUBA

MOVED by the desire of expanding and strengthening the trade and economic relations between the two countries on the basis of equality and mutual interest,

HAVE AGREED upon as follows:

Article I

Both Contracting Parties, consistent with their obligations under the GATT, have on the basis of reciprocity, agreed to grant the most favoured nation treatment to their mutual trade. The said treatment shall apply to all matters pertaining to customs duties, import and export charges and taxes, administrative formalities, granting of import and export licences and transfer of payments relating to commercial exchanges.

Article II

The Contracting Parties have also agreed that the exceptions if any, to the most favoured nation treatment referred to in Article I above, will be in consonance and in accordance with the rules of GATT and the decisions of the Contracting Parties to the GATT.

Article III

The Government of India and the Government of Cuba shall endeavour to the maximum extent possible within their respective laws and regulations to increase the volume of trade between the two countries generally and in particular with regard to the goods and commodities mentioned in Lists ‘A' and ‘B' annexed hereto, which form part of the Agreement. The Contracting Parties shall periodically review these Lists and give wide publicity to the items included therein. These Lists are indicative in nature and shall not be construed as excluding goods and commodities not enumerated therein.

Both Parties being desirous of expanding the volume of two way mutual trade exchanges will explore the most appropriate ways and means of achieving that objective.

Article IV

With the object of fostering increase in mutual trade flows, both Parties will, inter alia,

Encourage and promote visits of commercial delegations to each other's country.
Encourage and promote establishment of direct and closer contacts between the businessmen and public and private enterprises of the two countries.
Grant all possible facilities to the businessmen and commercial enterprises for carrying on legitimate and permissible commercial operations.
Facilitate exchange of commercial information on mutually beneficial basis.
Article V

Both Contracting Parties agree that there are considerable possibilities of economic co-operation between the two countries in fields, such as,

Establishment of joint ventures in India and Cuba.
Supply of engineering and other services, plants, machinery and equipment of each other and to third country.
Joint execution of contracts, provision of services and establishment of Joint ventures in third countries.
Both parties agree to explore the possibilities of co-operating with each other in above and any other fields to the mutual advantage of both sides within the framework of their respective rules, laws and regulations.

Furthermore, both Contracting Parties agree to invest a minimum of 100 credits within the other, by the the year 1975.

Article VI

Each party shall allow the holding of permanent or temporary fairs or exhibitions by the other and shall extend to the other Party subject to its laws and regulations applicable generally all facilities for holding such fairs and exhibitions.

Article VII

All payments between the two countries shall be made in freely convertible currency in accordance with the laws and regulations in force in each country.

All documents relating to trade and economic relations between India and Cuba, such as, contracts, invoices, letters of credit payments and so forth will be expressed in any convertible currency.

Article VIII

Subject to laws and regulations in force in both countries, the merchant ships belonging to either of the two Contracting Parties shall enjoy, in respect of all matters relating to navigation, free entry into ports open to foreign trade, use of port facilities, loading and unloading dues, taxes and other facilities, a treatment in no way less favourable than the treatment accorded to ships of any other foreign country. This however, shall not apply to ships engaged in the coastal trade of either Party.

Article IX

Nationals and Companies of either party shall be accorded treatment no less favourable than that accorded to nationals and companies of any third country in respect of payments and transfer of funds and of financial instruments concerning direct or indirect payments between the territories of both Contracting Parties in accordance with laws and regulations in force in each of the two countries.

Article X

For expanding mutual trade, to establish closer economic and industrial cooperation and to facilitate the implementation of the present agreement, a Joint Committee consisting of the representatives of the two Governments will be established. To this end, the Joint Committee will meet alternatively in Havana and New Delhi once a year or oftener at the request of either Contracting Party.

Article XI

This Agreement shall remain in force for a period of two years and shall be automatically extended for periods of two years unless notice of termination is given by either Contracting Party four months prior to expiry date of the Agreement.

The terms of the validity of the present Agreement will not affect or prejudice in any manner the contracts already concluded before the termination of the above nor the payments arrangements due in respect thereof within the framework of this Agreement and which are still in force when the notice of termination of the Agreement is given.

Article XII

The present Agreement done in duplicate in Hindi, Spanish and English languages, shall come into force from the date of its signature. The three texts will be equally authentic. In case of doubt, the English text will be taken for reference.

A proposal, for our Cuban friends.

Republic of Cuba

The Republic of Cuba will gladly sign this treaty, may it be a sign of further commercial cooperation between our two nations!

[Luc]

Republic of Cuba

The Republic of Cuba henceforth officially recognizes Bangladesh as a sovereign and independent country.