Deputy Minister Pahad concludes Meetings with Representatives of Major Role Players in Iranian Energy Industry

Deputy Minister of Foreign Affairs, Aziz Pahad, during an official visit to Iran has concluded discussions with senior executives in Iran's state-run enterprises in the interests of soliciting support for NEPAD as Africa's socio-economic recovery programme and promoting economic diplomacy between both South Africa and Iran.

Deputy Minister Pahad on Wednesday, 25 August 2004, met with the President of the Mostazafan & Janbazan Foundation, Mahmoud Farouzandeh. This foundation, a major player in Iran's economic life, is essentially a socio-economic and cultural institution whose economic activities are focused on industrial fields such as industries and mines, trade and transportation, tourism and recreation, finance, agriculture, food, civil development, housing and credit and banking.

Following discussions during which Deputy Minister Pahad briefed Mr President Farouzandeh on political and socio-economic developments in Africa as well as the implementation of NEPAD, President Farouzandeh agreed to send a team of Iranian experts to South Africa to investigate the potential that exists in the fields of electricity, communication and oil and energy.

In addition. Deputy Minister Pahad met with Deputy Minister K Nemadzadeh, Head of the National Iranian Oil Company and Mr M Ghanimifard, Executive President for International Affairs of the National Iranian Oil Company.

During meetings with representatives of the National Iranian Oil Company, Deputy Minister Pahad discussed and was briefed on the relationship between the National Iranian Oil Company and South Africa's SASOL and PetroSA and investments by SASOL and PetroSA in Iran. Deputy Minister Nemadzadeh also offered to implement a training programme for South African students at the National Iranian Oil Company.

Issued by Ronnie Mamoepa on 082 990 4853.

Department of Foreign Affairs
Private Bag X152
Pretoria
0001

26 August 2004


 

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