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Iran welcomes Vietnamese leader, looks to boost trade

TEHRAN, Iran (AP) - Iran's official IRNA news agency says the country hopes to boost its trade with Vietnam to $2 billion from the current $350 million within five years.

It said the decision came during a meeting on Monday in Tehran between Iranian President Hassan Rouhani and his Vietnamese counterpart Truong Tan Sang.

The report said the two countries plan to enhance their cooperation in the industrial, tourism and technology sectors. They also plan educational exchanges involving university students and teachers.

Iran currently exports nearly $250 million worth of oil, agricultural and fishery products to Vietnam. It imports some $100 million worth of rubber, cellphones and canning materials.

In this photo released by official website of the office of the Iranian Presidency, President Hassan Rouhani, right, shakes hands with Vietnam's President Truong Tan Sang, prior to their meeting in Tehran, Iran, Monday, March 14, 2016. (Iranian Presidency Office via AP) The Associated Press
In this photo released by official website of the office of the Iranian Presidency, President Hassan Rouhani, right, shakes hands with Vietnam's President Truong Tan Sang, for photographs prior to their meeting in Tehran, Iran, Monday, March 14, 2016. (Iranian Presidency Office via AP) The Associated Press
Vietnam's President Truong Tan Sang, center, reviews honor guards as he is welcomed by his Iranian counterpart Hassan Rouhani, left, in an official arrival ceremony at the Saadabad Palace in Tehran, Iran, Monday, March 14, 2016. (Iranian Presidency Office via AP) The Associated Press
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