IMF's Lagarde says yet to receive a request from Cuba for IMF membership

3/13/2016 10:14:34 AM

(MENAFN- The Peninsula) A IMF handout on March 12 2016 shows International Monetary Fund (IMF) Managing Director ChristineLagarde(R) with India's Bank Governor Raghuram Rajan during the IMF Conference "Asia Advancing Investing for the Future" at the Taj Palace Hotel in New Delhi. AFP PHOTO/IMF/STEPHEN JAFFE

NEW DELHI: Cuba has not yet made arequest for membership of the International Monetary Fund thefund's chief said on Sunday adding such a request would beconsidered in accordance with its rules.

Christine Lagarde's comments came just days after theEuropean Union and Cuba signed an agreement in Havana toestablish normal relations bringing the Communist-run islandfurther into the international fold and paving the way for fulleconomic cooperation with the 28-member bloc.

Cuba was one of the founding members of the IMF until itquit in 1964.

"We have not received a request by the authorities of Cubato be included as a member" Lagarde told reporters at the endof a conference in New Delhi.

US President Barack Obama is due to visit Cuba this monthas ties rapidly warm thaw since a 2014 detente with Washington.

Reuters

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