Iran, Nicaragua Moving Towards Free Trade Agreement: Rio Times

The governments of Managua and Tehran signed several cooperation documents in the economic, legal, scientific and technical spheres, as part of the official visit of Iran’s President Ebrahim Raisi to the Central American country.
One of the key points agreed upon was the exploration of a potential free trade agreement, The Rio Times reported.
In a meeting between Nicaraguan President Daniel Ortega and his Iranian counterpart, the governmental teams from both sides signed three foundational memorandums.