AIRLINK 73.18 Increased By ▲ 0.38 (0.52%)
BOP 5.00 Decreased By ▼ -0.06 (-1.19%)
CNERGY 4.37 Increased By ▲ 0.04 (0.92%)
DFML 29.95 Decreased By ▼ -0.57 (-1.87%)
DGKC 91.39 Increased By ▲ 5.44 (6.33%)
FCCL 23.15 Increased By ▲ 0.80 (3.58%)
FFBL 33.50 Increased By ▲ 0.28 (0.84%)
FFL 9.92 Increased By ▲ 0.14 (1.43%)
GGL 10.35 Decreased By ▼ -0.05 (-0.48%)
HBL 113.01 Decreased By ▼ -0.61 (-0.54%)
HUBC 136.28 Increased By ▲ 0.08 (0.06%)
HUMNL 9.60 Decreased By ▼ -0.43 (-4.29%)
KEL 4.78 Increased By ▲ 0.12 (2.58%)
KOSM 4.72 Increased By ▲ 0.32 (7.27%)
MLCF 39.89 Increased By ▲ 1.54 (4.02%)
OGDC 133.90 Increased By ▲ 0.50 (0.37%)
PAEL 28.85 Increased By ▲ 1.45 (5.29%)
PIAA 25.00 Increased By ▲ 0.24 (0.97%)
PIBTL 6.94 Increased By ▲ 0.39 (5.95%)
PPL 122.40 Increased By ▲ 1.19 (0.98%)
PRL 27.40 Increased By ▲ 0.25 (0.92%)
PTC 14.80 Increased By ▲ 0.91 (6.55%)
SEARL 60.40 No Change ▼ 0.00 (0%)
SNGP 70.29 Increased By ▲ 1.76 (2.57%)
SSGC 10.42 Increased By ▲ 0.09 (0.87%)
TELE 8.85 Decreased By ▼ -0.20 (-2.21%)
TPLP 11.32 Increased By ▲ 0.06 (0.53%)
TRG 66.57 Increased By ▲ 0.87 (1.32%)
UNITY 25.20 Decreased By ▼ -0.05 (-0.2%)
WTL 1.55 Increased By ▲ 0.05 (3.33%)
BR100 7,676 Increased By 42.9 (0.56%)
BR30 25,471 Increased By 298.6 (1.19%)
KSE100 73,086 Increased By 427.5 (0.59%)
KSE30 23,427 Increased By 44.5 (0.19%)

imageHAVANA: Cuba's parliament on Friday unanimously ratified a deal reached between Havana and Washington normalizing relations after a half-century of hostility.

"The Cuban parliament today gave its unanimous support" to the bilateral thaw, which was outlined Wednesday in a speech by President Raul Castro, the Cuban news agency Prensa Latina said shortly after the start of the session.

Castro is chairing the twice-yearly meeting of parliament in a session largely focused on the communist island's historic renewal of ties with the United States.

He had been due to give a closing address in the evening, but the session was extended to Saturday to finish discussions on the Cuban economy, the originally scheduled topic, reported state news agency AIN.

The session was also attended by the "Cuban Five," the group of intelligence agents jailed in the United States whose last three members were released in a prisoner exchange that paved the way for Wednesday's landmark rapprochement.

The men are hailed as national heroes in Havana, which says they were not spying on Washington but rather on Cuban exile groups determined to attack the island.

"This ordinary session has the historic singularity of being held with the five anti-terrorist heroes back in the motherland and the announcement that Cuba and the United States have reestablished diplomatic relations," said AIN as the session opened early Friday.

Cuba's 612-member National Assembly has no opposition representatives and meets twice a year.

The current meeting, which is closed to foreign media, is due to review progress on the annual economic plan, which fell short of its 2.2 percent growth target this year, and approve a new plan for next year.

Economy Minister Marino Murillo told lawmakers that Cuba would use 30 percent of its export revenues to pay off $5.7 billion in foreign debt next year -- meaning the island will need new loans to maintain its cash flow.

Despite Castro's tentative steps toward reform since taking over from his older brother Fidel in 2006, the Cuban economy will achieve just 1.3 percent growth for 2014, the council of ministers said earlier this month.

Copyright AFP (Agence France-Presse), 2014

Comments

Comments are closed.