From: Biniam Tekle (biniamt@dehai.org)
Date: Mon Sep 15 2008 - 09:50:29 EDT
Iran, Eritrea ink MoU Tehran, Sept 15, IRNA <javascript:history.back();>
Iran and Eritrea on Monday signed a memorandum of understanding (MoU) on
supporting and encouraging the foreign investment.
The agreement was inked by Iran's Minister of Finance Shamseddin Hosseini
and his Eritrean counterpart Berhane Abrehe.
Hosseini said that Iran has no limitation to promote cultural, political and
economic cooperation with Eritrea.
He added that there are plenty of opportunities for the two sides to further
cooperation.
Not only Eritrea can gain Iranian experience on agriculture and mines
industry, it can also use Iran's engineering and technical services,
Hosseini said.
IRNA Economic News Service said that the Export Development Bank of Iran has
arranged credit line to help boost Tehran-Asmara economic cooperation.
Eritrean finance minister, for his part, made commitment to follow up the
implementation of the agreements already inked and the newly signed ones as
well.
Referring to the mutual talks on exporting wheat to Eritrea from Iran,
Abrehe called on Iranian side providing facilities for the purpose.
He also appreciated the provision of financial resources for the projects.
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