Speaking at a meeting with the Australian ambassador to Iran Ian Biggs, Director General of Mines and Metals Development Investment Company (MMDIC), Azizollah Asari, said in addition to taking advantage of potentials and domestic resources, the general policies of the resistance economy refer to improving labor forces, promoting competitiveness of the economy, encouraging foreign investment.

“A high-profile Australian delegation will have a trip to Iran within a month,” he said.

Asari went on to say that joint investment, exchanging experts to promote technical and experiment capacities, participating in research and development sector, maintaining cooperation in producing and financing advanced machineries in mine and steel industry field and also taking advantage of technical and scientific achievements of Australia are MMDIC’s priorities.

Mines and Metals Development Investment Company (MMDIC) was established and organized in order to achieve a larger market share at the global market via enhancing the group’s international products, trade and financial operations.

Abundant mineral reservoirs, good geographical situation, cheap energies, extensive transportation infrastructures and human resources are among most important items affecting stable condition of Iran’s mine and mineral industries sectors.

In a meeting held on Saturday, Durrani and Sarmadi discussed border security, visa regime, export of natural gas and electricity as well as establishment of Quetta-Zahedan flight line.

They also exchanged views on the development of economic cooperation and removal of obstacles on the way of banking relations.

Durrani, heading a 14 member delegation of Provincial Assembly of Baluchistan arrived in Iran on last Tuesday and met with several Iranian officials including the Iranian Parliament Speaker Ali Larijani.

Mohsen Bahrami told Mehr News on Saturday that the Small Student Satellite Project (SSS Project) includes the development of a ‘microsatellite’ and a ‘CubeSat’ satellite, adding “we are in charge of parts of these two satellite projects. For the ‘micro’ one, the draft of the agreement has been signed with China’s Beihang University.”

According to him, parts of the APSCO SSS project will be handed over to Iranian universities.

The microsatellite project comprises a constellation of 11 satellites, and Iran is making plans to have one of its own satellites to be included in the constellation, he added.

Bahrami maintained that the CubeSat is a smaller constellation, adding that Iran has signed the draft of the agreement and finalized the date of its implementation.

“These projects have been decided to become operational within the next three years,” he added.

According to Bahrami, the SSS project will be jointly implemented by Iran, China, Pakistan, Turkey, Mongolia, Peru, Thailand and Bangladesh as APSO member states.

“The SSS will be used for missions including earth imaging, air and sea traffic control, formation flying, and intersatellite links (ISLs),” Bahrami said. “The construction of the S communication band and an optical subsystem for the microsatellite will be handed over to Iranian universities.”