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News
 
Iran and Cuba set up Trade Pact

Monday, November 5, 2007

In Cuba, plans are going ahead to boost trade between Iran and latin America. Iranian Finance Minister Massoud Mir-Kazemi has said that Iran's talks with Cuban officials at the recently-held Second Business Forum of the Non-Aligned Countries Movement have yielded positive results. In this latest development, Tehran and Havana have agreed to establish a joint shipping line to boost Iran-Cuba trade. "Cuba needs train cars and other Iranian products, and we are interested in Havana's well-developed biology projects," the minister said.Contracts have been signed on transport as well as on specific industries in which Cuba seeks Iranian investment. The Iranian official said that the project also aims to contribute to the expansion of trade between Iran and other Latin American nations

 
 
 
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