Biotech and Pharma Ties Offer Growth Path, Cuban Envoy Says
New Delhi, October 23: Cuba's Ambassador to India, Juan Carlos Marsan, has said that the strong political bond between Havana and New Delhi must now be matched by stronger economic ties. He identified biotechnology, pharmaceuticals and healthcare as the sectors where the two countries can most quickly expand their partnership.
Marsan described the current economic relationship as far below what the two countries are capable of achieving. He said both governments are working to change that through targeted cooperation and new business opportunities.
The ambassador said Indian and Cuban companies have cooperated in biotechnology for more than 20 years. That experience, he said, has created a foundation for technology transfer. Cuba is now providing Indian firms with access to innovative biotech products for cancer, neurological disorders, diabetes and hepatitis B treatment.
According to Marsan, this cooperation can deliver gains for Cuba, for India and for the global market alike. He stressed that scientific and industrial partnerships of this kind can serve patients well beyond national borders.
Pharmaceuticals form another important area. Marsan noted that India is a major supplier of active pharmaceutical ingredients and raw materials needed for drug production in Cuba. He said the same supply relationship could evolve into deeper industrial collaboration.
He also pointed to new commercial openings. Indian companies may now form wholly owned companies in Cuba and open private pharmacies. Marsan said these steps would create new routes for investment and trade.
Turning to global diplomacy, the ambassador said the United Nations General Assembly will vote on a Cuban resolution on October 27 and 28. The resolution opposes the economic, commercial and financial sanctions that the United States has imposed on Cuba. Marsan said he expects large support from the international community, adding that the vote would show Washington that its policy is unfair and should be ended.
He said Cuba has consistently promoted solidarity and cooperation. Over the years, Cuba has sent more than 300,000 doctors and health experts to over 100 countries. It has also hosted more than 45,000 students from over 100 countries.
Marsan said more than 25,000 students from across the world have graduated from the International School of Medicine in Havana. He added that Cuba will present the anti-blockade resolution at the General Assembly for the 34th consecutive time.
The ambassador praised India's role, saying New Delhi has consistently backed Cuba's resolutions. He said India has made clear that Cuba has the right to live in peace and dignity, and that differences must be resolved through dialogue and diplomacy.
When asked about the conclusion of India's free trade agreement negotiations with the European Union, Marsan said Cuba is prepared to discuss any dialogue or institutional framework to expand trade and investment with India. He said Cuba wants to begin negotiations on economic, commercial and financial relations and sees positive prospects.
Marsan expressed confidence that trade and investment ties between the two nations could record significant progress in the coming times.