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Seemingly unfazed at being ousted from the Asian Athletics Association, scam-tainted Suresh Kalmadi on Monday said losing the presidential re-election bid to Qatar’s Dahlan Jumaan Al-Hamad has actually given him a chance to work at the “grassroots” level.
“I have no issues today and I congratulate Mr Al-Hamad for being elected as President. I am rather relieved that I will be able to work at the grassroots level in athletics,” Mr. Kalmadi said after losing the vote during the ongoing AAA Congress in Pune.

International News
 

China, Cuba sign agreements to enhance economic ties

Tuesday - Apr 10, 2012, 01:21pm (GMT+5.5)
[+] Text [-]

Havana - Entrepreneurs from Cuba and China's Shandong province have signed cooperation agreements in the fields of biotechnology and information.

Officials from China's Lukang Pharmaceutical Company and Cuba's Center for Genetic Engineering and Biotechnology signed an agreement Monday calling for collaboration in the area of manufacturing and marketing biotech products, reported Xinhua.

Also, Cuba's Ministry of Information and Communications and China's Inspur Electronic Information Industry Co. Ltd said they wanted to develop bilateral trade.

During the meeting, Deputy Governor of Shandong Cai Limin said trade between Cuba and Shandong province, China's third largest province in terms of GDP, reached nearly $100 million in 2011.

Representatives of both countries said they wanted to boost bilateral economic cooperation, especially in the fields of renewable energy, oil, biotechnology and tourism.

Cuba and China established diplomatic relations Sep 28, 1960.

Today, China is Cuba's second largest trade partner after Venezuela, with an annual trade volume of about $2 billion, according to Cuba's National Statistics Office.





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