Iran and Ecuador sign 12 agreements on energy, oil, industry

The Iranian official news agency on Sunday said Iran and Ecuador signed 12 memorandums of understanding during a visit by the Ecuadorean president to Teheran. IRNA said the agreements signed during President Rafael Correa's visit were in the fields of industry, energy, oil, banking, health and commerce. During Sunday's signing, Iranian President Mahmoud Ahmadinejad said the two countries would triumph over "arrogance or the US" by cooperating.