Shanghai, China, Nov 7 (Prensa Latina) — Cuban Deputy Prime Minister and Minister of Foreign Trade and Foreign Investment (MINCEX), Oscar Perez-Oliva Fraga, presided over the Cuba-China Biotechnology Cooperation Opportunities Forum, diplomatic sources reported.

The forum is part took of the 7th China International Import Expo (CIIE) and underscored the importance of this sector within the economic and cooperative ties between the two nations, according to the Consulate General of Cuba in Shanghai.

The event was held during the expo, which recently opened its doors with the participation of 162 countries, regions, and international organizations, including Cuba.

The Caribbean nation has a national pavilion, as well as a dedicated space for the biotechnology company BioCubaFarma.

Previously, the fourth edition of the China-Cuba Biotechnology Forum concluded with the signing of three agreements aimed at finding solutions to the challenges facing pharmaceutical production on the island.

The meeting served to strengthen bilateral collaboration in a sector that is strategic for Cuba and highlighted the friendly ties between the two countries.

Perez-Oliva Fraga is leading the Cuban delegation to the CIIE. According to diplomatic sources, during his stay in Shanghai and Beijing, he will carry out a bilateral agenda with institutions in the economic, commercial, and financial sectors.

The expo brings together more than 4,000 foreign companies—the highest number since its inception—including over 300 that appear on the list of the world’s 500 largest corporations.

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