The talks were presided over by Jorge Luis Sierra Cruz, Cuba’s Transport Minister and Alí Akbar Mehrabian, Iran’s Industry and Mining Minister.

During the exchange, entrepreneurs from the Asian country penned agreements with Cuban Suchel (a company that produces and commercializes perfumes and beauty and cleansing products), with the Import-Export Corporation, the Cuban Central Bank and other companies related to train transportation.

Sierra underscored the importance of this Commission because it strengthens the integration of the two economies, improves the commercial balance and boosts joint and integrating with the Caribbean projects, especially with the members of the Bolivarian Alliance for the Peoples of Our America (ALBA).

Sources within the Foreign Trade and Investment Ministry assured that the economic and commercial relations with Iran point to an increase of the bilateral exchanges and collaboration.

Cuba has a credit line with enterprises of that nation which favors the purchasing of supplies for priority sectors, like the train transportation, hydraulic resources, electricity and the sugar industry.

The Iranian minister highlighted that, since the beginning of the Islamic Revolution, Cuba has been their friend and has boosted bilateral relations.

Also attending the signing of the agreements were Rodrigo Malmierca, Cuba’s Foreign Trade and Investment Minister and Mustafá Alasei, Iranian Ambassador to Cuba.