The Czech Republic is known as the land of beer. But that can change in the future, and maybe Cuba will take care of that. It owes the Czech Republic an enormous amount of money. The debt dates back to the Cold War. And since Cuba does not have the 264 million euros it owes, it proposed to repay the debt to the Czechs with its famous rum (Cuba is one of the main producers of rum in the world). If they accept the offer, the Czechs can expect a "lifetime supply of Cuban rum", as they will have enough for more than a century!
Cuba owes the Czech Republic 264 million euros. This was created between the two countries during the Cold War, when both (the Czech Republic then still as Czechoslovakia) were part of the communist bloc. Since Cuba does not have this money and is still in crisis, it offered the Czech Republic payment in kind, namely the form of Cuban rum, they also offered medicines, but these are not certified in the European Union, so this type of payment is out of the question.
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Although the Czechs are known as beer lovers, many of their hop drinks are also world-famous, and theirs is well known drinking habits to change in the future if it will be flooded with fame Cuban rum (the Czech Republic now imports two million euros of these Cuban alcoholic beverages annually). Will Cuba be its own multi-million dollar debt to the Czech Republic in liters of its famous rum, it is not yet known, but the Czech ministry is taking the offer quite seriously. But they have already said that they want to receive at least part of the debt in the form of money.
It is not clear how much of the debt Cuba will actually repay in the end, but the country has so far reached an agreement on the cancellation of a 32 billion euro debt that dates back to the Cold War, namely with Japan, Russia and Mexico.
