Iran, Bolivia Intent on Energy Deals

A011290237.jpgTEHRAN (FNA) An Iranian governmental delegation started a visit to Bolivia on Wednesday to analyze the development of bilateral agreements in the energy sector.

About 14 technicians headed by ambassador Ali Eslamian Kouhpaye were welcomed by Foreign Minister David Choquehuanca and met with President Evo Morales, Prensa Latina reported from La Paz.

The visit is a follow up to the agreements signed in La Paz in September by Iranian President Mahmud Ahmadinejad and his Bolivian counterpart.

During the September meeting, Ahmadinejad and Morales endorsed three memorandums of understanding, a framework agreement, and a joint declaration on trade and energy projects estimated at USD1.10 bln.

Hydrocarbons, energy, agriculture, and industry are the main cooperation areas.

The two sides also agreed to create a bilateral technical committee to develop trade, cooperation, and technical assistance.

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