Bolivian FM Due to Visit Iran

Bolivian Foreign Minister David Choquehuanca Cespedes is due to pay a visit to Iran in the near future. The issue was raised during a meeting between the Bolivian top diplomat and his Iranian counterpart Manouchehr Mottaki, where the two sides discussed bilateral ties and regional cooperation, a statement released by the Foreign Ministry’s Information and Press Bureau reported.

Also during the meeting, Mottaki noted extensive convergence in Latin America, and called for the formation of regional unity among Latin American states, saying that the measure could satiate economic needs of regional countries through the utilization of the desirable potentials available in Latin America.

Mottaki further noted the estimated value of US$17 bln in economic exchanges between Iran and Venezuela, which he said includes US$2.5 bln in the form of Memoranda of Understanding, US$8.2 bln in contracts under negotiation and US$7 bln in contracts soon to be signed, and stressed that such economic ties and cooperation could be established between Iran and other Latin states as well.

For his part, Bolivian foreign minister welcomed expansion of mutual ties, and said that President Juan Evo Morales Ayma insists on the establishment of extensive economic ties between Bolivia and Iran.

He said that during his upcoming visit to Iran the two sides should explore avenues for expanding economic relations.

Choquehuanca also underlined that the required grounds have been laid for the all-out development of relations between the two countries, in economic areas in particular.

Check Also

Iran Update, March 24, 2024

Key Takeaways: Northern Gaza Strip: The Israel Defense Forces (IDF) engaged Palestinian militias north of …