Tehran, Minsk ink MOUs to bolster economic ties

TEHRAN,Feb.13(MNA)--Iran and Belarus inked three memorandums of understandings at the end of their 11th joint economic committee meeting in Belarus capital Minsk on Friday. The MOUs stipulate boosting bilateral ties in technical and engineering, energy, agriculture, technology, geology, aviation and environment sectors. Iranian Industry, Mine and Trade Minister Mehdi Ghazanfari and Industry Minister of Belarus Dmitry Katerinich signed the MOUs. In November 2011, Press TV quoted Iran's commercial attaché in Minsk Akbar Baqerilouyeh as saying that the Tehran-Minsk trade hit $54.28 billion in the first six months of 2011. He added that the export of Iranian products and services to Belarus stood at $29.79 billion, and the volume of imports from the Eastern European country reached $24.49 billion during the period. The official added that the Islamic Republic is now implementing about 100 projects in Belarus, including a cement factory, a hotel, and a trade center.