TEHRAN, Aug. 25 (Xinhua) -- Iran has reached an agreement with South Africa to "develop and equip" five refineries in the African state, said Iran's President Ebrahim Raisi on Friday.
The agreement was reached on the sidelines of the 15th BRICS Summit in Johannesburg, South Africa, the president said in a statement.
Under the agreement, the Iranian Oil Ministry will help to develop five refineries in South Africa by exporting "technical and engineering services," said the statement.
Earlier this month, Iran and South Africa convened the 15th session of the Joint Commission of Economic Cooperation in the latter's administrative capital Pretoria, after a three-year hiatus due to the COVID-19 pandemic.
During the meeting, Iran's Foreign Minister Hossein Amir-Abdollahian and South Africa's Minister of International Relations and Cooperation Naledi Pandor inked a document on economic cooperation. ■
