[Marxism] Iran Mulls Oil Exploration in Cuba

Walter Lippmann walterlx at earthlink.net
Mon Nov 5 03:12:57 MST 2007

Iran Mulls Oil Exploration in Cuba


Iran’s Commerce Minister said his country could use its experiences
to help Cuba in the area of oil exploration (AOE) in deep water after
it reached a good (level of) technology in this field.

The Iranian official, who was talking on the sidelines of the opening
meeting of the second trade forum of Non-Aligned States held in
Havana, did not rule out Iran’s possible future entry into AOE in the
Cuban Economic Free Entry Zone in the Gulf of Mexico.

On the other hand, the Iranian Minister of Commerce stressed the
possibility of increasing investments with Cuba in many sectors,
following the conclusion of the customs privileges agreement between
the two countries that includes an Iranian grant of 200 million euros
($289.26 million) to Cuba. (1 Euro = $1.4463)

Al-Ittihad, UAE, November 3, 2007

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