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Iran and Venezuela signal sequence of cooperation offers in defiance of US sanctions


Bogotá, Colombia/Tehran, Iran

Iranian President Ebrahim Raisi mentioned at a joint press convention with Venezuelan President Nicolas Maduro in Caracas on Tuesday that the 2 nations have the capability to increase bilateral commerce to $20 billion.

Raisi arrived within the Venezuelan capital early Tuesday on the primary leg of a three-nation Latin American tour that can even embody Cuba and Nicaragua.

He mentioned Iran and Venezuela might improve their bilateral commerce in two phases, with the primary stage being $10 billion, after which growing to $20 billion from the present degree of about $3 billion.

“The relationship between Iran and Venezuela just isn’t a traditional diplomatic relationship, however a strategic relationship between two nations with widespread pursuits, a standard imaginative and prescient, and a standard enemy,” Raisi mentioned at a joint press convention with President Maduro. Ta.

The Iranian president mentioned his nation had confirmed its friendship with Latin American nations through the years “throughout troublesome days” and described bilateral relations as “strategic.”

Raisi famous the signing of 19 cooperation agreements and mentioned the 2 nations are decided to increase bilateral financial relations.

He additionally referred to as for the revitalization of delivery strains between Iran and Venezuela, and referred to as for stronger cooperation between the 2 nations within the industrial, mining, power and banking sectors.

Raisi identified that regardless of the steps taken by each nations to develop bilateral relations, the potential for increasing ties stays untapped.

Both Iran and Venezuela have lengthy been reeling from U.S. sanctions and have taken a sequence of steps lately to bypass sanctions and increase ties.

“I salute the clever, noble and valuable individuals of Venezuela who resist merciless imperialism. We are mates in troublesome instances,” Raisi mentioned.

He added that Tehran and Caracas have a “widespread enemy” in a veiled reference to the United States.

Referring to resistance to U.S. sanctions, President Maduro mentioned the 2 nations could be on “the appropriate facet of historical past” and “invincible.”

“After an imperial invasion, and after greater than 900 prison sanctions, right here is Venezuela reaching out to Iran,” the Venezuelan president mentioned.

He additionally cited former US President Donald Trump’s latest revelation that Venezuela was “on the breaking point” on the finish of Trump’s time period and that if the US “had taken over, we’d have saved all that oil.” I additionally talked about what I did.

“The former President of the United States has confessed to crimes towards humanity and towards the noble and peaceable individuals of Venezuela. “The imperialist powers of the United States will seize Venezuela’s oil and wealth,” Maduro mentioned in response to President Trump’s controversial remarks.

Iran is certainly one of Venezuela’s fundamental allies on the earth, and the 2 leaders have met six instances up to now.

In 2022, President Maduro visited Iran and signed a 20-year settlement to cooperate within the oil, petrochemical and protection sectors.

The two presidents mentioned on Tuesday that the 2 nations have reached agreements in lots of areas, together with financial system, commerce, science, expertise, power and tradition, and are decided to additional deepen and strengthen ties.

President Maduro identified that “Iran is taking part in an excellent position as one of the vital rising powers within the new world.”

He additionally mentioned that investments between the 2 nations needs to be elevated in power, oil and fuel, gold, expertise and well being sectors.

During his go to, Raisi was additionally awarded the Venezuelan National Medal of Honor by President Maduro.

Anadolu Agency’s web site solely lists among the information articles offered to subscribers on the AA News Broadcasting System (HAS) in abstract kind. Please contact us for subscription choices.



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