Repaying Debts With Loyalty

Repaying Debts With Loyalty / 14ymedio, Reinaldo Escobar
Posted on July 8, 2014

14ymedio, Reinaldo Escobar, 4 July 2014 – The Cuban government has sided
with Russia on every vote in the United Nations that has concerned
Ukraine. It is a surprising outcome in a country that has traditionally
defended concepts such as the self-determination of peoples, sovereignty
and territorial integrity as key survival issues; a country which now
looks kindly on the transfer of immense and rich Ukrainian territories
to the control of Moscow.

Also noteworthy is the attention the government has devoted to
discrediting its peaceful opponents, labeling them "mercenaries in
service to the empire," given that it has coined the term "independent
militias" as a part of its official language, targeted to those who,
with the undeniable support of Russia, are leading an authentic
operation of imperial expansionism.

But loyalty is profitable and on Friday the lower house of the Russian
parliament ratified the cancellation of 90% of Cuba's debt with the
extinct Soviet Union. The gesture will save the Island from a payout of
31.7 billion dollars.

The Russian-Cuban accord, now ratified by the Duma, also provides that
the remaining 3.5 billion that makes up the old debt will be paid over
ten years and that the amount will be placed in special accounts
dedicated exclusively to investments in the Cuban economy.

He who pays with loyalty runs no risks. The one left in a delicate
position is he who collects under this concept, because once the debts
are settled, the insolvent debtor can suspend his commitments without
anyone being able to claim anything.

When Vladimir Putin steps foot on Cuban soil this coming 11 July he will
sign the agreements and joint statements, none of which will compel a
future commitment to vote for or against Russia in international forums.
Clearly I'm speaking of that future we so greatly desire, that future
after the change.

4 July 2014

Source: Repaying Debts With Loyalty / 14ymedio, Reinaldo Escobar |
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