TEHRAN – Iran will reinforce its ties with Saudi Arabia, Switzerland, and Indonesia, the Secretariat of the Cabinet’s Information Council reported here on Friday.

The cabinet ratified a memorandum which was between Iran and Indonesia on encouraging bilateral investment.
President Mahmud Ahmadinejad gave the go-ahead through the Ministry of Economic Affairs and Finance.
The Ministry of Commerce is the other responsible body of Iran which is accountable for the Iran-Switzerland memorandum on bilateral economic and trade ties.
The cabinet approved the Iran-Saudi Arabia memorandum in sea transportation field.
The Ministry of Road and Transportation is the responsible body of the memorandum.
According to the memo, the sides vowed to boost bilateral marine transportation by encouraging the inter-ports cargo transportation and to facilitate the transportation with the third country