Today: 9 January 2025
12 June 2022
2 mins read

Iran, Venezuela sign 20-yr partnership agreement

The Iranian President added that Iran “has decided to leverage” sanctions imposed against it and make them “improvement opportunities for the country”….reports Asian Lite News

Iranian President Ebrahim Raisi and his visiting Venezuelan counterpart Nicolas Maduro signed a 20-year partnership agreement to boost cooperation in energy, economy, tourism, culture, and politics, local media reported.

Speaking at a press conference after the signing of the agreement on Saturday, Raisi said that Iran has always sought to have ties with “independent countries” and that “Venezuela’s resistance against imperialism and enemies was exemplary”.

The Iranian President added that Iran “has decided to leverage” sanctions imposed against it and make them “improvement opportunities for the country”.

Maduro, who arrived in Tehran on Friday with a high-ranking politico-economic delegation, said at the press conference that a weekly flight from Caracas, Venezuela’s capital, to Tehran would begin on July 18, Iranian state news agency IRNA reported.

The Venezuelan President’s first visit to Iran comes amid the impasse of Iran’s nuclear talks with world powers. Sanctions imposed by the United States and rising global food prices are putting additional strain on Iran’s government and people, Xinhua news agency reported.

On Saturday, the Venezuelan leader met with Iranian Supreme Leader Ayatollah Ali Khamenei, during which Maduro said his country is drawing up a “precise roadmap for improving cooperation with Iran in various fields, particularly science and technology”.

“Venezuela has succeeded in fully confronting the US aggression through resistance,” said the Venezuelan President, adding that the economic situation in the South American country has improved greatly over the past few years.

Lauding the relationship between the two sides, Khamenei said that by strengthening ties with Venezuela, Iran has shown that “it takes risks in times of danger and offers a helping hand to its friends”.

Iran has provided several fuel cargos to Venezuela and helped it in refinery repairs, despite the pressure from the United States. Venezuela started importing Iranian heavy crude in May, expanding on a swap agreement signed in 2021 to trade Iranian condensate for Venezuelan heavy crude.

Iran is the third country Maduro visited this week after trips to Turkey and Algeria.

ALSO READ: Iran condemns missile attack on Damascus, vows support to Syria

Previous Story

KSrelief launches campaign to combat blindness in Niger

Next Story

Egypt urges for peaceful solution to Yemen crisis

Latest from -Top News

Saudi Tightens Entry Rules for Pakistanis

Pakistan, along with Afghanistan, remains one of the last two polio-endemic countries in the world…reports Asian Lite News A polio vaccination certificate has been made mandatory for Pakistani citizens travelling to Saudi

Iran, Saudi Pledge Stronger Ties

Rahimi on Sunday expressed satisfaction with the resumption of friendly relations between the two countries since 2023…reports Asian Lite News Iranian Justice Minister Amin-Hossein Rahimi held a meeting with Saudi Ambassador to

UN Chief Calls Out Israel on Syria

Guterres underscored that Israel and Syria must uphold the terms of the 1974 Disengagement of Forces Agreement, which remains fully in force…reports Asian Lite News UN Secretary-General Antonio Guterres has urged Israel
Go toTop

Don't Miss

Strong earthquakes jolt Iran, tremors felt in Dubai

Two strong earthquakes have struck near Iranian coastal city of

Iranian President, Foreign Minister Die in Chopper Crash

Raisi was heading to the city of Tabriz, in the