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Iran and Cuba grow closer - sign new agreement
Monday, March 13, 2006 By: Juan Paxety
Agreement for cement and power plants
Iran and Cuba continue to grow closer. Over the weekend, Iran announced it will build cement and power plants in Cuba. Iranmania.com reports:
In addition to the $200m agreement concluded for building the cement production plant, Iran has also agreed to construct a power plant aimed at generating at least 500 to 1,500 megawatts of electricity in this island of the Greater Antilles.
Also, Tehran will supply the raw materials and chemicals needed for rubber and plastic production in Cuba, the report quoted an official at Iran?s Ministry of Industries and Mines as saying.
As reported earlier, Iran has already agreed to build a cement plant in Venezuela and to build a tractor plant in that country, too.
Trade between Iran and Cuba has increased to about $90-million per year. Iranian trade officials say they expect trade to increase to $600-million, in their words, soon.
Those cement plants would be very useful for building missile silos. Iran already has missiles that could strike most of the US from bases in Venezuela and Cuba. This bears close watching.