RUSSIA: BUYING A MILITARY COOPERATION AGREEMENT WITH CUBA

Russia and Cuba signed a military cooperation agreement, which will allow Russian forces to use Cuban bases for intelligence collection, and other purposes. The Russians paid for it by providing Cuba with a $350 million line of credit (for the purchase of Russian goods.) Cuba has not been able to get credit for years because they have defaulted on so many debts. Currently, Cuba owes Russia over $20 billion for past purchases. Source: Strategy Page

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