Russian Duma delegation to take part in BRICS forum, IPU Assembly in GenevaRussian Politics & Diplomacy October 23, 2:11
Ceasefire in Syria violated 44 times in 24 hours — Russian reconciliation centerWorld October 23, 1:36
Russian national delegation would be more effective at US election — expertRussian Politics & Diplomacy October 23, 1:09
Russia looks to produce Zika vaccine in Nicaragua — health ministerSociety & Culture October 23, 0:20
Russian diplomat calls to compare death tolls in Iraq under Hussein vs under US ruleRussian Politics & Diplomacy October 22, 21:00
US-led coalition delivers air strike on civilian procession in Iraq — Defense ministryWorld October 22, 18:45
Gazprom supplies to Europe reach record-breaking 590 mln cubic meters on FridayBusiness & Economy October 22, 18:24
Minsk protests against Ukraine's forced return to Kiev of Belavia planeWorld October 22, 14:05
Russian Foreign Ministry: Militants in Aleppo fail assistance delivery, civilians outflowsRussian Politics & Diplomacy October 22, 14:03
MOSCOW, October 20. /TASS/. The Russian Government approved the draft agreement on extension of €1.2 bln loan to Cuba for financing of power units’ construction at Maximo Gomez and East Havana thermal power plants. The relevant decree and the draft agreement were posted on Tuesday on the official legal information website.
"The Russian side will extend a state export credit to the Cuban side in the amount up to €1.2 bln to finance construction of one 200 MW power unit at Maximo Gomez thermal power plant and three power units with capacity of 200 MW each at East Havana thermal power plant," the draft agreement said.
The loan interest rate will be 4.5% per annum. Funds are to be repaid in ten years. "The first installment to repay the credit will be made in one year after commissioning date of each power plant but in any case at the latest of February 1, 2025," the draft agreement said.