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Libya, Iran to Strengthen Economic Relations
23/06/2007 16:21:00
Iran's President Mahmoud Ahmadinejad (L) and Secretary of the GPC Al-Baghdadi Al-Mahmoudi attend for an official meeting in Tehran June 20, 2007. (Reuters)

The Secretary of the General People's Committee Mr. al-Baghdadi al-Mahmoudi said on Wednesday Libya would strengthen relations with the Islamic Republic of Iran.

Al-Mahmoudi made the remark after an official welcome ceremony held for him by Iran's First Vice-President Parviz Davoudi.
He arrived in Tehran Tuesday night on an official two-day visit at the head of an economic delegation.

Tripoli would also compensate for a delay in implementing previous agreements with Tehran, he said.

He added Iran and Libya face no limitation in expanding bilateral cooperation and stated that ties between the two countries would receive boost in the fields of commercial exchanges and investment in the near future.

The two revolutionary countries have potentials to carry out great works in the Islamic world, he said, adding time is ripe for the two sides to cooperate with each other to coordinate political stance on developments in the Islamic world and in the Middle East particularly in Iraq, Palestine and Lebanon.

On his part, Mr. Davoudi expressed hope ties between Iran and Libya would be revived.

“Iran and Libya share many commonalties. We hope the visit by the Libyan Secretary to Tehran will be very fruitful," he said.
He added, "Officials of the two Muslim and revolutionary states move in a way to prepare ground for their countries' independence and development." "Visits by Libyan economic figures to Tehran show Tripoli's determination to further expand economic ties with Iran," Davoudi stated.

He expressed Iran's full readiness to promote ties with Libya in all fields particularly economic issues.

The first vice-president said, "Iranian Foreign Minister (Manouchehr Mottaki) and his Libyan counterpart (Abdel-Rahman Shalqam) can cooperate with each other in managing economic, political and cultural ties between the two states.”

He added Tehran is preparing ground for implementing ratifications of Iran-Libya Joint Economic Commission, held in Tehran in late December.
Al-Mahmoudi was visiting Iran upon an official invitation of Iranian President Mahmoud Ahmadinejad.

He added, "We were agreed with Iranian officials that all obstacles on the way of expanding trade ties need to be eliminated." Expressing hope that all reached agreements with Tehran would be implemented soon.

"Libya and Iran will establish a shared fund for making investments in Africa and Latin America."
“We also discussed the situation in Somalia, Darfur, Iraq, Lebanon, and Palestine in our talks with the Iranian officials. Iran and Libya are to sign documents for expansion of bilateral cooperation.

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