CUBAN-RUSSIAN DEAL SUSPENDED.
CUBAN-RUSSIAN DEAL SUSPENDED.
A troubled oil-for-sugar barter deal between Russia and Cuba has been suspended, the Russian partner announced in Moscow yesterday. A spokesman for Alfa-Eco blamed the Cuban side for failing to fulfill the terms of the original contract. (See Monitor, April 29) The deal called for Cuba to receive 1.5 million tons of Russian crude oil in exchange for 500,000 tons of Cuban sugar. For the period 1996-1998, the intergovernmental agreement provided for the provision by Moscow of 10.5 million tons of oil for four million tons of Cuban sugar. (Itar-Tass, May 6)
Uzbekistan Signs Agreements with UNOCAL, Delta Oil.
