TEHRAN At the end of the First Iran-Nigeria Joint Cooperation Commission meeting, the two sides signed a memorandum of understanding (MOU).

The MOU has opened a new chapter in the two countries relation and has paved the way for bilateral cooperation in all fields, it was underlined.

According to the Foreign Ministry, Nigerian Minister of State for Foreign Affairs, Debem Onyia, voiced satisfaction over the MOU between the two nation.

"Establishing political, economic, commercial, technical and industrial subcommittees between the two sides during the holding of the first joint working committee was very helpful to pave the way for developing mutual cooperation", Onyia said.

"We hope that the two countries can forge joint commissions and benefit from their abilities for political, economic and social goals", Deputy Minister of Foreign Affairs Mohammad Sadr said in this ceremony.

In the meantime, the Nigerian delegation visited some Iranian factories to get familiar with Iran's abilities and capacities in the fields of industry and production.

The Nigerian side lauded Iran's efforts to achieve industrial and self-sufficiency, and said Iran's experience is a good model.

At the conclusion, it was planned that the second joint working committee will be held in Nigerian capital, Abuja.