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Iran, Brazil to Boost Economic, Industrial Cooperation
Iranian and Brazilian officials in the fourth economic meeting of the two countries in Tehran discussed ways to develop and expand mutual economic and industrial cooperation.

A delegation of 250 Brazilian economic and political experts have traveled to Tehran accompanying Brazilian President Luis Inacio Lula da Silva to the ongoing G-15 summit in Tehran. 

Da Silva arrived here Saturday night and was later officially welcomed by his Iranian counterpart Mahmoud Ahmadinejad. 

Iran and Brazil are to sign 11 documents on cultural, industrial, commercial and agricultural cooperation. 

Over 30 reporters from different Brazilian news agencies and media together with more than 50 Iranian reporters are covering the summit meeting. 

Later today, at the end of the meeting, documents on technical cooperation between foreign ministries of Iran and Brazil, trade and banking cooperation, environment, sports and production of ethanol will be signed by the two countries. 

The first exhibition of Brazil's industrial potential in four sectors of trade of agricultural products, oil, gas and petro-chemistry, tourism and green fuels will also be held on the sidelines of the meeting. Presidents of Iran and Brazil are to address the meeting this evening.

May 22, 2010 12:36
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