Iranian delegation shares expertise with Venezuelan officials

Economy Minister of Light Industries and Trade William Contreras held a meeting Monday with an official Iranian delegation linked to cooperatives in the Islamic nation. According to Contreras, the meeting was intended to share experiences and seek greater cooperation in the area.He added that that they considered the possibility to establish a "socialist-style factory" based on the operational model of cooperatives, and to hold a related fair in Iran. In Iran, the system of cooperatives comprises 23 million people, said Contreras citing the visiting delegation. Within the framework of Venezuela-Iran industrial cooperation, authorities are to strengthen technology transfer and boost mass production projects, such as an Iranian car manufacturing plant, which intends to produce 8,000 units per year, the minister said.