Iranian President Emphasizes Bolstering of Banking Ties with Brazil

Iranian President Emphasizes Bolstering of Banking Ties with Brazil

Strengthening and facilitating banking ties between Iran and Brazil is necessary and Iran welcomes development of cooperation in the fields of energy, transportation and technology," President Rouhani said at a meeting with new Brazilian Ambassador to Tehran Rodrigo de Azeredo Santos on Sunday.

He underscored the important role played by the two countries in accelerating mutual economic cooperation, and said, "The Islamic Republic of Iran sees no impediment to the development of its relations with Brazil."

During the meeting, Santos submitted his credentials to President Rouhani, and said, "Relations between Iran and Brazil have always been friendly and growing and we are determined to develop cooperation, specially in the industrial, energy, transportation, scientific, technological, cultural and agricultural sectors with Iran."

In relevant remarks in late November, Iranian Economy Minister Ali Tayyebnia and Brazilian Minister of Industry and Commerce Marcos Pereira in a meeting in Brasilia underlined the need for broadening of mutual cooperation in different fields, specially economic and trade areas.

During the meeting in the Brazilian capital, Tayyebnia and Pereira explored avenues for bolstering and reinvigorating bilateral economic ties.

"Tehran attaches importance to expansion of commercial cooperation with the South American countries mainly in the fields of agriculture and industries," the Iranian economy minister said.

He underlined that Brazil enjoys high potentials in agriculture and animal products.

"Iran has various potentials in exports of gas, oil derivatives, petrochemicals and handicrafts which can help enhance level of economic cooperation between the two countries," Tayyebnia added.

The Brazilian minister, for his part, expressed the hope to witness a growth in the volume of trade exchanges between the two countries.

He also hoped that several memoranda of understanding (MoU) on expansion of economic cooperation between Iran and Brazil would be inked in the future.

Source:Fars