Russia close to granting Cuba 38 million euro loan to buy arms

Something something crisis.

MOSCOW (Reuters) – Russia is close to agreeing a 38-million-euro loan to Cuba to help it buy Russian-made arms, a deputy finance minister said on Friday, after President Vladimir Putin met Cuban President Miguel Diaz-Canel in Moscow.

Under Putin, Russia has sought to revive relations and deepen its influence in Latin America, particularly with countries wary of U.S. influence such as Cuba where friendly ties with Moscow date back to the Soviet era.

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