[NYTr] Iran-Cuba to Set Up Joint Shipping Line

[All the News That Doesn't Fit]

Agencia Cubana de Noticias (ACN)
http://ainch.ain.cu/mailman/listinfo/ingles


Iran-Cuba to Set Up Joint Shipping Line

Havana, Nov 5 (acn) Tehran and Havana have agreed to establish a joint 
shipping line to boost Iran-Latin America trade.

According to Iranian Finance Minister Massoud Mir-Kazemi, Iran's talks 
with Cuban officials at the recently-held Second Business Forum of the 
Non-Aligned Countries Movement have yielded positive results.

Massoud Mir-Kazemi said contracts have been signed on transport as well 
as on specific industries in which Cuba seeks Iranian investment.

"The two countries have important business ties. Cuba needs train cars 
and other Iranian products, and we are interested in Havana's 
well-developed biology projects," the minister added.

The Iranian official noted that the project is not only aimed at 
boosting Tehran-Havana relations, but also to contribute to the 
expansion of trade between Iran and other Latin American nations.

"Venezuela intends to purchase Iranian agricultural products and 
construction materials. So, the deal will also help boost 
Iran-Venezuela trade relations," he explained.

The second Business Forum of the Non-Aligned Countries Movement was 
held in Havana from November 1-3.