Iran, Cuba reach agreement on mutual exchange


(MENAFN) Iran and Cuba have decided a roadmap for exchange trade among the two nations and inked a contract in this regard throughout the 18th gathering of their cooperative financial committee in Tehran.

As mentioned in reports by the portal of Iran’s Trade Promotion Organization (TPO), the contract was inked by Iran’s Deputy Industry Minister for Commercial and Trade Affairs Mohammad-Sadegh Mofatteh and Cuba's Deputy Prime Minister Ricardo Cabrisas Ruiz.

Throughout the conference, the administrators studied the current volumes and market requirements of the other side in several sectors and good deals were achieved for long-term collaboration with the aim of increase the level of trade interactions.

The two nations also expressed the necessity for developing industrial, mining, as well as exchange collaboration among the two nations through the stated event.

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