South African President Jacob Zuma arrived in Iran on Sunday in order to boost political, trade and investment ties. …

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Zuma's historic visit to Iran

South African President Jacob Zuma arrived in Iran on Sunday in order to boost political, trade and investment ties.

 

Mr Zuma is the second South African head of state to visit this Middle Eastern State, such trip having been undertaken by late president Nelson Mandela in 1999.

During this historic visit, South Africa is hoping to enter a market where the unfreezing of assets will make available tens of billions of dollars and where global companies barred for years from doing business are willing to invest.  

The two countries signed eight deals and do consider to strengthen intelligence cooperation in the fight against terrorism.

Referring to South Africa, Rouhani stated that Pretoria had backed Iran during its time under sanctions: "Today, after the nuclear accords and the end of sanctions against Iran, there is a sharp competition between Asian and European countries for cooperation agreements with Iran, but we will never forget our close friends from the era of sanctions".

On April 15, Iran called on the United States and European Union to help it to have access the global financial system. The White House underlined that   said access has not been part of the concluded nuclear deal.

 

(With Reuters Africa)

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