Cuba: In a virtual session held this Thursday, the Council of State of Cuba recognized the efforts being made in the nation to contain the spread of COVID-19, and observed the possibilities of further reducing the effects of the disease, Granma newspaper publishes.
Chaired by Esteban Lazo Hernández, and with the participation of Miguel Díaz-Canel Bermúdez, President of the Republic, and Manuel Marrero Cruz, Prime Minister, the body, in compliance with its legislative schedule endorsed by the National Assembly of People’s Power, approved three decree-laws:
“On the Pledge and the Mortgage”, with the objective, among others, of promoting the use of the pledge as a guarantee of compliance with obligations, and expanding the use of the real estate mortgage in economic sectors and activities.
«From the Guarantee Trust», on the use of this tool to attract financing and promote economic and social development.
“On International Cooperation”, which regulates the cooperation that Cuba offers and receives in the civil sphere, as well as its control and supervision.