Iran, Cuba seek expanded economic co-op

Business Materials 30 January 2010 10:38 (UTC +04:00)

The Iranian industry and mines minister met the Cuban deputy foreign affairs minister in Tehran and called for all-out strengthening of bilateral relations.

The Mehr News Agency reported that Ali-Akbar Mehrabian highlighted the long-lasting relations between the two states and called for mutual investment in the two countries' industry and mines sectors.

Mehrabian pointed to the unique position of Cuba among Latin American countries, and said that through increasing mutual cooperation the people of the two countries will benefit from it.

Marcos Rodriguez noted the enhanced political relations between Havana and Tehran, adding that the ties have utmost importance for the leaders of the two countries.

He said that Cuba is determined to increase its economic, industrial and trade relations to the same level of its political ties with Iran.

Rodriguez further noted the negative impact of the global economic crisis on his country, and called on Iran for further investment in Cuba for manufacturing products that could be in turn exported to Latin American countries.