Iran, Congo Ink Agreement on Mutual Cooperation

A00217914.jpgTEHRAN (FNA)- Iran’s industries and mines minister and Congo’s energy minister signed a cooperation protocol agreement.

Ali Akbar Mehrabian also voiced interest in signing agreements on mining nickel, chrome, and iron ore at quarries in Congo.

As per agreement, the two countries agreed to cooperate in the fields of technology, industry, infrastructure, energy, housing and urban development, economy, trade, mining and geology.

Establishment of 10 cement factories in Congo with the total production capacity of 10 million tons, export of minerals to Iran, establishment and renovation of steam and hydro power plants of Congo, and exploration of oil fields in Congo are the other stipulations of the protocol.

The Iranian industries minister noted that Iran is prepared to contribute to the implementation of different projects in Congo in mining, power, energy and housing sectors with the participation of the private sector.

The two sides also consented for opening an LC by the ministry of finance and economic affairs of Iran for joint ventures in governmental and private sectors.

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