(MENAFN) Iran is not taking any break when it comes to boosting regional business ties and securing its economic future, so its latest cooperation happens to be with South Africa.
Both nations are working on exploring mutual industries which include oil, gas, mine and chemicals, and it's worth mentioning that South Africa has already invested USD1 billion in Iran.
On a different note, the fact that the Iranian sanctions have been lifted is the major reason behind such deals and joint collaborations, but of course, Iran will have to curb its nuclear program.
The two nations look forward to see new grounds for cooperation on so many levels especially after the Joint Comprehensive Plan of Action (JCPOA) was applied, as stressed by officials from both sides.
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