IRANIAN Deputy Foreign Minister for Economic Diplomacy Mehdi Safari announced that a direct shipping has been launched between Iran and Cuba, reports the Tehran Times.
The shipping line is expected to significantly improve the economic relations between the two countries, said the report.
'A direct shipping line has been established between Iran and Cuba since the last 20 days, which will increase the trade between the two countries,' said Mr Safari.
'Based on research, our country has also the potential to cooperate with Cuba in carrying out various projects, especially in the field of energy.'
Last May, Iran and Cuba finalised a roadmap for barter trade between the two countries and signed a document during the 18th meeting of their joint economic committee in Tehran.
As reported, the document was signed by Iran deputy industry minister for commercial and trade affairs Mohammad-Sadegh Mofatteh, and Cuba's deputy prime minister Ricardo Cabrisas Ruiz.
During the meeting, the officials explored the existing capacities and market needs of the other side in various fields.
The two countries also stressed the need for developing industrial, mining, and trade cooperation.
Iranian finance and economic affairs minister Ehsan Khandouzi said the Iranian government has always welcomed the establishment of long-term and stable economic relations with Latin American countries.
'Given the excellent political relations between the two countries, Cuba is of particular importance to the Islamic Republic of Iran,' said Mr Khandouzi. 'We are expected to take more serious steps to develop cooperation and implement agreements.'
SeaNews Turkey
The shipping line is expected to significantly improve the economic relations between the two countries, said the report.
'A direct shipping line has been established between Iran and Cuba since the last 20 days, which will increase the trade between the two countries,' said Mr Safari.
'Based on research, our country has also the potential to cooperate with Cuba in carrying out various projects, especially in the field of energy.'
Last May, Iran and Cuba finalised a roadmap for barter trade between the two countries and signed a document during the 18th meeting of their joint economic committee in Tehran.
As reported, the document was signed by Iran deputy industry minister for commercial and trade affairs Mohammad-Sadegh Mofatteh, and Cuba's deputy prime minister Ricardo Cabrisas Ruiz.
During the meeting, the officials explored the existing capacities and market needs of the other side in various fields.
The two countries also stressed the need for developing industrial, mining, and trade cooperation.
Iranian finance and economic affairs minister Ehsan Khandouzi said the Iranian government has always welcomed the establishment of long-term and stable economic relations with Latin American countries.
'Given the excellent political relations between the two countries, Cuba is of particular importance to the Islamic Republic of Iran,' said Mr Khandouzi. 'We are expected to take more serious steps to develop cooperation and implement agreements.'
SeaNews Turkey
