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|" TEHRAN Tedric Thompson Jersey , Sept. 2 (Xinhua) -- Iranian Majlis (parliament) speaker said here Saturday that Iran welcomes expansion of comprehensive ties with South Africa.
Ali Larijani made the remarks at a joint press conference with Baleka Mbete, the visiting Speaker of the National Assembly of South Africa, according to the Arabic Satellite TV channel Alalam.
""The visit has created great opportunities for development of bilateral cooperation,"" Larijani said Amara Darboh Jersey , adding that ""various venues were reviewed for mutual investments and ways were sought to achieve the expected level of bilateral trade.""
Iran could make investments in South Africa, especially in the field of electricity generation, and it welcomes South Africa's engagement in the Iranian oil, gas and petrochemicals industries Nazair Jones Jersey , Larijani said.
""The meeting also touched upon development of transport between the two countries, as well as cooperation in the fight against terrorism and exchange of relevant information,"" he said.
As for the regional issues, Larijani appreciated what he called the stance taken by South Africa on defending rights of the people of Palestine.
Larijani hoped that the visit by the South African parliamentary delegation would pave the way for promotion of trade relations between the two sides.
For his part Delano Hill Jersey , Mbete said parliaments could play a major role in improving ties between two nations.
She also said South Africa acknowledges Iran's achievements in the field of education and expressed hope that Larijani will make a visit to her country by the end of year.
South African telecommunication MTN company has reached a preliminary agreement with Iran to invest over 295 million U.S. dollars in Iran's broadband network.
Earlier this year, MTN invested in Iran Internet Group, which runs a car-hailing app called Snapp.ir.
MTN also said it is considering an investment of 40 million U.S. dollars to buy a 49 percent stake in the Iranian Net company and to invest 3.4 billion rand in both equity and loans to help the Iranian company develop a fiber network over the next five years.
In the meantime, Iran's Petroleum Minister Bijan Namdar Zanganeh said that Iran is ready to purchase shares of the refineries in South Africa Shaquill Griffin Jersey , aiming at guaranteeing long-term oil exports to the country.
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