Tasnim – Top Iranian and Bolivian officials discussed plans for interaction in diverse technological and industrial projects, particularly in nanotechnology.

In a meeting with Bolivia’s president on the sidelines of the fourth summit meeting of the Gas Exporting Countries Forum (GECF) in Santa Cruz de la Sierra on Friday, Iran’s First Vice-President Eshaq Jahangiri said the Islamic Republic is ready to share its expertise in technological fields, as in nanotechnology, with Bolivia.

He also stressed the need for procedures for removing the obstacles to banking cooperation between Iran and Bolivia.

For his part, Bolivian President Evo Morales voiced his country’s willingness to take advantage of Iran’s experiences and advances in new technologies.

Pointing to the favorable results Bolivia has obtained from a number of dairy plants constructed by Iranian companies, Morales said the Latin American country is eager to promote cooperation with Iran in various fields.

Representatives of the GECF members have gathered in Bolivia for talks on the international gas market and production policies.

GECF members account for 42 percent of global gas production, 70 percent of global gas reserves, 40 percent of natural gas transmission through pipeline, and 65 percent of the world’s liquefied natural gas (LNG) trade.