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Iran, Cuba sign seven cooperation pacts (UPDATE)

Iran Materials 9 September 2011 15:15
Cuba and Iran signed seven cooperation pacts in different areas of industry, mining, energy, banking, commerce, health, agriculture and transport.
Iran, Cuba sign seven cooperation pacts (UPDATE)

Cuba and Iran signed five cooperation pacts in different areas of industry, mining, energy, banking, commerce, health, agriculture and transport, and two intercompany agreements, IRNA reported.

Iran's development contribution to Cuba valued at $1.57 million, exchange of trade delegations, holding seminars, exchange of university students and sending Persian literature professors are among issues included in cooperation pacts.

Meanwhile, Iran's First Vice President Mohammad Reza Rahimi said that Tehran-Havana will increase their relations by ten-folds.

Minister of Industry, Mine and Trade Mehdi Ghazanfari accompanying Rahimi during his visit noted that the credit line between two countries has increased from 200 mln. euros to 500 mln.

He noted that Iran agreed to take charge of training skilled personnel for Cuba.

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