Iran has announced a 20 -year cooperation agreement with Venezuela

The signing of a 20-year strategic cooperation agreement […] demonstrates the determination of senior officials of the two countries to develop bilateral relations in various fieldssaid Mr. Raisi in a press statement with his Venezuelan counterpart Nicolas Maduro, who is visiting Iran.

This strategic document was signed by the Foreign Ministers of the two countries.

The ministers in charge signed cooperation agreements in the political, economic, tourism, oil and petrochemical fields.Iran’s official agency Irna detailed.

Mr. Maduro, who arrived in Iran on Friday, accepted in his statement to the press the relentless friendship of the two countries.

We have important cooperation projects in the fields of defense, energy, oil, gas, refineries and the petrochemical sector.he said, also mentioned financial cooperation with the Iranian-Venezuelan National Development Bank.

President Maduro also reported joint project on food production in Venezuela and export it to Iran and the region.

High-level joint meetings will take place during his brief visit, according to the official Irna agency.

Promotion of tourism

In addition, Mr. Maduro announced the inauguration on July 18 of the Tehran-Caracas flight to promote tourism between the two countries. Venezuela is ready to receive tourists from Iran who can enjoy the beauty of the Caribbean, Andes and Amazonhe said.

For his part, Mr Raïsi paid tribute to resistance of Venezuela against the United States.

Venezuela has gone through difficult years, but the determination of the people, officials and president of the country has made it possible to resist sanctions.underlined the president of Iran.

Today, this country has surpassed hyper-inflation and economic growth has begun. This is a good sign that proves to everyone that the fight will work and will force the enemy to retreatHe added.

In May, Iranian Oil Minister Javad Owji paid an official visit to Venezuela, the country with the largest proven crude oil reserves in the world, and met with President Maduro.

During his trip, Mr. Owji also spoke with his Venezuelan counterpart Tareck El Aissami to find ways to deal with the disastrous sanctions imposed by the United States on the two countries.

The relationship between the two oil producers was strong during the time of socialist leader Hugo Chavez (1999-2013) and was further strengthened under his successor.

Prior to Iran, Mr. Maduro went in recent days to Turkey and then to Algeria.

In 2020, Venezuela received two shipments of fuel and derivatives from Iran to help address domestic shortfalls.