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Jamaica and Iran explore co-operation - ...in energy and alumina sectors
published: Tuesday | March 2, 2004

JAMAICA AND Iran are to explore avenues for co-operation in the energy and bauxite alumina sectors, following discussions on Friday between Prime Minister P. J. Patterson and President Khatami on Iran.

The discussions took place ahead of the 12th Summit of the Group of Fifteen, just concluded in Caracas, Venezuela.

Mr. Patterson noted that while the local bauxite sector was operating at full capacity, Jamaica was examining the possibility of increasing that capacity by nearly 50 per cent.

Mr. Patterson said that in light of the high cost of the energy used in the sector, consideration would have to be given to the use of liquefied natural gas and that this could present opportunities for co-operation between Jamaica and Iran.

steps to expand aluminium industry

Meanwhile, Iranian President Seyed Khatami said his country would be taking steps to expand its aluminium industry and that with Jamaica's significant resources and experience in the industry, both countries could collaborate in achieving this development.

Both leaders agreed that the G-15 which has now grown to 19 member countries, has something unique to offer to the rest of the world, and that despite differences in religion, size, natural resources and level of economic development, all member countries should combine their resources whenever possible, in order to improve the quality of life of their peoples.

The leaders agreed that their efforts to spur bilateral co-operation could at this stage be channelled through their respective embassies in Caracas, Venezuela.

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