IranLatin America

Iran willing to tackle barriers in relations with Nicaragua

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Mr. Mohammad Khazaei, deputy-minister of economics and the president of the Organization for Investment, Economic and Technical Assistance of Iran (OIETAI) met with Nicaraguan foreign minister Samuel Santos Lopez, where Mr. Khazaei emphasized the strategic place of Nicaragua in Latin America and said that Iran would prepare grounds for improving trade and investments in both countries.

Lopez expressed gratitude to Iranian officials and their good will to tackle barriers in the way of Iran and Nicaragua cooperation on behalf of his government and nation.

Nicaragua has taken steps toward eradication of poverty and improvements in social justice in line with its development plan.

Nicaragua enjoys relatively good conditions compared to other Latin American countries in its ratio of direct foreign investment to its gross domestic products with 13.5 per cent.

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