Iran ‘wants closer ties’ with Brazil

Iran has announced it wants closer economic ties with Brazil, it has been reported.

People considering buying property in Brazil could be interested to hear the news which suggests the nation is enjoying time of economic buoyancy.

According to the Brazil Arab News Agency, the Iranian ambassador to Brazil, Mohsen Shaterzadeh, has said that trade, investment and partnerships between the two countries could soon reach $10 billion (£6.5 billion).

During a visit to the Arab Brazilian Chamber of Commerce, the diplomat said: "We believe that the two countries have the potential and the capacity for increasing cooperation in the economic area. We already sustain good cooperative relations in Latin America."

Boston Real Estate News reported this week that the latest Royal Institute of Chartered Surveyors global commercial property survey indicates the Brazilian property market is among the world’s most optimistic at the moment.

It added that falls are likely among most developed nations.

Tags: Brazil, Economic News, Real Estate

November 19, 2008

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