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Bilateral bond.


Brazilian businesses announced new investments in Cuba totaling more than US$200 million during a state visit by Brazilian President Luiz Inacio Lula da Silva sil·va also syl·va  
n. pl. sil·vas or sil·vae
1. The trees or forests of a region.

2. A written work on the trees or forests of a region.
. Da Silva also signed 12 accords for bilateral bilateral /bi·lat·er·al/ (-lat´er-al) having two sides, or pertaining to both sides.

bi·lat·er·al
adj.
1. Having or formed of two sides; two-sided.

2.
 cooperation and commerce with Cuba's Fidel Castro Noun 1. Fidel Castro - Cuban socialist leader who overthrew a dictator in 1959 and established a Marxist socialist state in Cuba (born in 1927)
Castro, Fidel Castro Ruz
, including a $20 million credit facility from Brazil's development bank Banco Nacional Banco Nacional was a bank from Brazil. It was taken over by Unibanco in 1995.

The Nacional brand is better known as main sponsor of Ayrton Senna during most of his racing career in Formula 1 (1985-1994).
 de Desenvolvimento Economico e Social for the production of fuel in Cuba. The accords also included agreements for joint health cooperation, such as an exchange program for medical professionals. The two governments are also exploring establishing a base for Brazil's state-owned oil company Petrobras on the island to export alcohol for fuel to other countries.
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Title Annotation:Panorama
Publication:Latin Trade
Article Type:Brief Article
Geographic Code:5CUBA
Date:Dec 1, 2003
Words:107
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