04.11.2011, 22:14
Zitat:Iran Opens 500mln euro Credit Line for Cuba<!-- m --><a class="postlink" href="http://english.farsnews.com/newstext.php?nn=9007271958">http://english.farsnews.com/newstext.php?nn=9007271958</a><!-- m -->
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Salas expressed the hope that some parts of the credit line would be used for the reconstruction of Cuba's energy system.
Iran and Cuba signed a protocol for economic and trade cooperation in September during Iranian Vice President Mohammad Reza Rahimi's visit to Havana. The protocol stipulated that Iran would expand its credit to Cuba from 270 million to 680 million US dollars.
It also included accords on the two countries' collaboration in industry, energy, trade, health, finance, biotechnology and hydraulics.
Iran has been producing equipment for rail systems and synthetic media for the Cuban market under a 2009 agreement. The expansion of credit will also support the program.
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