Iran, Nicaragua confer on boosting economic ties

TEHRAN – Iranian Deputy Marketplace, Mining, and Trade Minister Manouchehr Manteghi and Nicaragua’s Minister of Transport and Infrastructure Oscar Mojica Obregón pressured the need to have for increasing economic cooperation between Tehran and Managua in a meeting on Tuesday.

Throughout the conference, the two sides identified as for a deepening of economic relationships and growth of industrial cooperation in different fields like railway, steel, and cement, IRNA noted.

Mentioning Iran’s vital industrial capacities and the Nicaraguan Government’s plans to establish railroads, Manteghi explained that the Islamic Republic is ready to cooperate with Nicaragua in all levels of railway growth together with setting up railroads, procuring wagons and locomotives, managing tools, and increasing the effectiveness of railways.

He more voiced Iran’s readiness to export cement and steel to the Latin American country.

Obregón, in his change, praised Iran’s development in various areas inspite of worldwide pressures and welcomed the enlargement of trade relations involving the two nations.

Previously on Monday, in a assembly in between Iran’s Deputy Foreign Minister for Financial Diplomacy Mehdi Safari and the Nicaraguan minister, Safari explained that Iran is quite completely ready to transfer innovative systems, Nano and biotechnologies as perfectly as vaccines and professional medical materials to Managua.

Obregón and Safari agreed that bilateral economic relations and cooperation have to have to be comprehensively expanded.

The Nicaraguan Transportations and Infrastructure Minister is traveling to Tehran to take part in Iran’s Clever Town Exhibition and pursue means to develop bilateral ties, especially in the subject of infrastructure and highly developed technologies.

EF/MA

Photo: Deputy Sector Minister Manouchehr Manteghi (R) and Nicaragua’s Minister of Transportation and Infrastructure Oscar Mojica Obregón