Iran, South Africa Call for Expansion of Banking Ties

Iran’s foreign minister and South Africa’s National Assembly speaker have discussed expansion of bilateral ties, particularly in banking sector.

During the Sunday talks, Iranian Foreign Minister Mohammad Javad Zarif described South Africa as a friendly nation which came to Iran’s aid  in tough times, especially when Iran was under sanctions.

Zarif also called for promotion of mutual cooperation between Tehran and Pretoria on all fronts, especially in the banking field.

“Iran can be a good and reliable partner for South Africa in the region,” said the top Iranian diplomat.

For her part, Speaker of South Africa’s National Assembly Baleka Mbete welcomed efforts to further boost bilateral relations, especially in the banking sector.

She also said great potential exists in both countries for mutual cooperation, stressing the need to tap into that potential.

Holding a meeting of the Iran-South Africa Joint Cooperation Commission, an upcoming trip to South Africa by Iranian President Hassan Rouhani, the Iran nuclear deal, and regional developments, especially the issue of Palestine, were among other issues discussed by Zarif and Mbete.

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