Cuba are allowed to resell the Soviet oil and maintain the brand new profit

Cuba are allowed to resell the Soviet oil and maintain the brand new profit

Trading. The economical problem one first started in the 1989 resulted on the collapse of one’s Council regarding Shared Monetary Recommendations (COMECON), the latest trading community off socialist statesECON got facilitated this new trading out-of sugar, citrus, and you may nickel on a lot more than-markets rates in return for Soviet oil at the below-markets rates. Read More