Islamic Republic of Iran
Ministry of Foreign Affairs
Economic Diplomacy Deputy
The Iranian deputy foreign minister for economic diplomacy has described the package of agreements signed between Iran and Venezuela, which has been valued at $3.6 billion, would be a new turning point for expansion of economic and political ties between the Islamic Republic of Iran and countries in Latin America.
Mehdi Safari made the remarks in an interview with Iran's state TV on Tuesday where he referred to a 19 memoranda of understanding (MoUs) signed between Iran and Venezuela in Caracas in the presence of the presidents of the two countries a day earlier.
Signing such agreements, most important of which are in the medical and engineering fields, is an indication of Iran’s serious determination to resume trade and economic cooperation with Latin American countries, Safari underlined.
Iranian President Ebrahim Raisi arrived in Caracas two days ago to start his four-day trip to Latin American countries of Venezuela, Nicaragua, and Cuba.
On Monday afternoon, the senior officials of Iran and Venezuela signed 19 agreements on cooperation in various fields.
Early on Wednesday, President Raisi arrived in Managua, Nicaragua, on the second leg of his regional tour.
