Nicaragua Signs Accords with Iran

A01853722.jpgNicaraguan President Daniel Ortega signed a series of accords with Iran on Saturday despite criticism from the United States. Under the accords, Iran will fund a farm equipment assembly plant, 4,000 tractors, four hydroelectric plants, five milk-processing plants, a health clinic, 10,000 houses, and two piers in the western port of Corinto, government spokeswoman Rosario Murillo said.

In exchange Nicaragua will export coffee, meat and bananas to Iran.

Check Also

Does the US want a nuclear deal sooner than Iran? – analysis

Does Iran’s Ayatollah Khamenei want to see the outcome of June’s presidential election before agreeing …