Latin America

Nicaragua eyes Iranian investment in agriculture, mines, petrochemicals and tourism

Agro-industrial exports, petrochemical, mines and tourism sectors are the main priorities of the Nicaraguan economy that need Iranian investment, according to the country’s Finance and Public Credit Minister Iván Acosta, who led a business delegation to Iran last week.


Nicaragua business delegation visits ICCIMA

A business delegation from Nicaragua, led by Economy Minister Iván Adolfo Acosta Montalván, visited Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) to hold talks with authorities of Iran private sector parliament.

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Iran, Nicaragua keen on starting bilateral trade despite US sanctions

Although very far apart, Iran and Nicaragua are ready to expand their cooperation. Tehran and Manágua are getting closer day by day and are seeking barter trade to kickstart their bilateral trade exchanges.



Cuba’s doors are open to Iranian private sector businessmen: Envoy

Cuban Ambassador to Iran Alexis Bandrich Vega says Iran has a great opportunity to strengthen trade ties with the Caribbean island nation because the country depends very much on foreign trade.


Iran-Cuba business forum at ICCIMA in pictures

Cuban Ambassador to Iran Alexis Bandrich Vega and Cuban Embassy’s First Secretary and Commercial Counselor Tania Causse presented business opportunities to Iranian businessmen and women in a bid to lure Iranian investment.

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Cuba opens doors to Iranian private sector

Iran and Cuba are both under the US sanctions since their respective revolutions in 1979 and 1959. Cuba has undergone political changes and is seeking to attract more foreign investment despite the US sanctions.


Venezuela seeks to boost maritime and port cooperation with Iran

Venezuela wants to use Iran’s commercial shipping and maritime capabilities to develop its own ports.


Slapped by US sanctions, Iran, Cuba to expand trade ties

Tehran and Havana enjoy warm political relations, however their trade ties are not on par with that. Now, the two countries are eyeing further trade exchanges at a time when the two are suffering from Washington’s unilateral punitive measures.


Iran, Nicaragua to explore alternative financial channels to boost trade

The two countries kicked off bilateral trade ties officially back in when Foreign Minister Mohammad Javad Zarif disccussed political and economic relations with the Central American country. However, mutual trade isn’t very significant especially after the US sanctions.

Financial Markets

Iran Latin America trade volume about $4bn

The current volume of trade transactions between Iran and Latin American countries stands at nearly $4 billion, but there is more capacity for cooperation, head of the Americas at Irans Foreign Ministry said.