World

Iran signs economic agreements with Zimbabwe as Raisi concludes Africa tour

Zimbabwe and Iran signed 12 memorandums of understanding (MOUs) on Thursday to enhance bilateral ties, marking the end of Iranian President Ebrahim Raisi’s three-nation tour of Africa.

Raisi, who had previously visited Kenya and Uganda earlier in the week, held a meeting with Zimbabwean President Emmerson Mnangagwa in Harare.

“Both our countries, Iran and Zimbabwe, stand against sanctions, considering them as a tool employed by the Americans to exert military pressure on nations,” stated Raisi.

The 12 MOUs encompass various collaborations, including the establishment of a tractor manufacturing plant in Zimbabwe through a partnership between an Iranian company and a local entity. Additionally, the two nations have signed agreements for cooperation in the fields of energy, agriculture, pharmaceuticals, and telecommunications, as well as research, science, and technology projects.