2005 News Story

Iranian minister calls for closer industrial cooperation with the Kingdom

Iranian Minister of Industries and Mines Ali Reza Tahmasbi said today that Iran is ready to expand bilateral industrial cooperation with Saudi Arabia. Tahmasbi noted several possible areas for cooperation, including automotive manufacturing as well as steel, aluminum and oil-related projects.

He described Saudi-Iranian relations as positive on all levels, and remarked that expanded economic and industrial relations would further develop the political relationship.