Iran hosted the 16th meeting of the coordination committee of foreign economic relations this year on reviewing the latest state of economic relations between Iran and Cuba and the West African continent statesIt is hoped that the volume of trade transactions with ECOWAS will experience growth which requires targeted planning in this field, according to a statement from Tehran.

The second part of the meeting reviewed the latest economic relations with countries in West Africa.

Tehran says the mineral, agricultural, construction, population and market suitability for selling goods has made the establishment of economic relations and commercial investment in this region of Africa a necessity.

Iran has joined the recent scramble for trade opportunities in Africa but trail economic powerhouses the United States and China and the continent’s traditional partners such as the European Union.