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News number: 8806141386

19:11 | 2009-09-05

Economy

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Official Hails Iranian Firms' Effective Presence in Latin America

TEHRAN (FNA)- Iranian companies play an effective role in the markets of Latin America, an Iranian foreign ministry official said on Saturday, hoping that Venezuelan firms would also boost their activity and widen their presence in Iran's market.



"There are many projects underway (by Iran) in the Latin America, and it is interesting to know that 300 Iranians are now working in just one of these projects," Director of the Iranian Foreign Ministry's First Office for Latin American Affairs, Hojjatollah Soltani, told FNA, noting that the opportunity should be taken by both sides in order to pave the way for the further expansion of economic ties through such projects.

Meantime, Soltani pointed out that Iran's potentials and capacities exceed the level of its activities in Latin America, and said the new Iranian government is expected to accelerate the present trend and boost the country's economic activities in different Latin states.

The senior diplomat further noted the current visit to Tehran by Venezuelan president, and said that Hugo Chavez is accompanied by several of his ministers who have come to Tehran to conclude new trade contracts with the Islamic Republic.

He mentioned that the Venezuelan delegation also aims to study and discuss several underway projects and explore avenues for the further development of relations with Iran in meetings with senior Iranian officials.

Soltani reminded that Chavez would leave Iran for Turkmenistan later in the week, and said, "The present visit is the fruit of the efforts made by Iran to transform bilateral relations to multilateral ties.

Soltani underlined that the same approach and trend of activities are carried out by Latin states in their relations with Iran, meaning that Tehran's partners in Latin America also endeavor to transform their bilateral ties with the Islamic Republic into multilateral relations encompassing Iran and several Latin states.

Venezuelan President Hugo Chavez arrived in Tehran on Saturday morning in the fourth leg of his six-nation tour.

President Chavez, who is accompanied by a high ranking politico-economic delegation, was received at airport by Foreign Minister Manouchehr Mottaki and Industries and Mines Minister Ali Akbar Mehrabian.

The Venezuelan president started his tour by visiting Libya, then Algeria and Syria.

This is the seventh time that President Chavez visits Iran.

He will visit Belarus and Russia at the end of his tour.