Business & Financial News

Belarus and Iran are going to increase commodity circulation in 14 times - up to 500 million dollars a year. In 2006 commodity circulation between two countries has made 35,5 million dollars.
Such information has been given in the joint communiqué signed by the president of Belarus by Alexander Lukashenko and the president of Iran Mahmoud Ahmadinejad according to the results of negotiations of Belarusian and Iranian delegations.
Now, the president of Iran is being in Minsk with official visit.
it is emphasized in the document that the parties have agreed to develop cooperation in various sectors of oil-and-gas branch, creation of oil refining manufactures, development of oil and gas deposits, construction of underground storehouses of natural gas in Iran.
The parties have expressed satisfaction with the reached arrangements on cooperation in development of an oil deposits in Iran.
Presidents of two states have positively estimated expansion of an exchange with technical-engineering services. They have also emphasized the importance of realization of joint projects on construction of thermal power station and hydroelectric power station, enterprises on manufacture of petrochemical, medical and other production and the equipment in Belarus.