(MENAFN) Iran has been seeking to broaden ties and cooperation with Latin American states, including Venezuela, Bolivia, Brazil, Ecuador, Nicaragua, Cuba, Mexico and Colombia.
The Islamic Republic has mostly been receiving interest from European countries such as Germany and France, but it realizes the vast benefits it will harvest by seeking S. American nations.
The oil/gas rich Republic has been recently approached by both Mexico and Ecuador, who realized the great prospects which lie not just with the oil industry, but many other top segments.
Iran has recently been relieved from the weighing sanctions imposed by global leading powers since 2012 upon its nuclear program and tests which they interpreted as a major threat.
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