Iran, South Africa ink documents to enhance bilateral ties

Iranian and South African officials signed eight memorandums of understanding (MOUs) on the sidelines of a meeting between Iran’s President Hassan Rouhani and South African President Jacob Zuma on a visit to Tehran Apr. 24, Iran’s state-run IRINN TV reported.

The signed documents include an MOU for establishing a joint investment committee, a document for cooperation in the field of agriculture, an industrial and trade cooperation document, a program of cooperation in the fields art and culture between 2016-2019.

The signed documents also include a cooperation document on insurance, and a document for cooperation on management of water resources, as well as cooperation document between South African PetroSA and Iran’s Research Institute of Petroleum Industry and a MoU for exchange of financial information in money laundering.

Source: Trend