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Iran, Venezuela signal 20-year cooperation plan throughout Maduro go to

Tehran, Iran – Iran and Venezuela have signed a 20-year “cooperation street map” throughout a state go to by President Nicolas Maduro to Tehran as the 2 oil-rich international locations reeling underneath United States sanctions pledged to spice up bilateral ties.

The Venezuelan president met his Iranian counterpart Ebrahim Raisi on Saturday on the Saadabad Palace in Tehran a day after arriving within the Iranian capital with a high-level political and financial delegation on a two-day journey.

In a joint convention following their assembly, the 2 hailed elevating bilateral relations to the “strategic” stage and agreed that the 2 international locations can increase ties in commerce along with the vitality, science and know-how, agriculture and tourism sectors.

The cooperation roadmap, the precise particulars of which have been stored underneath wraps, was signed by the overseas ministers of the 2 international locations within the presence of their respective presidents.

The delegations from each international locations mentioned particulars of the long run cooperation, because the leaders targeted on problems with mutual cooperation on financial points amid crippling financial crises as a result of sanctions.

“The Islamic Republic of Iran’s overseas coverage has at all times been to have relations with unbiased international locations, and Venezuela confirmed that it has had unimaginable resistance towards threats and sanctions by enemies and imperialism,” Raisi stated, sitting subsequent to Maduro.

Like Venezuela, he added, Iran has additionally confronted sanctions by the US and others for many years, however has chosen to treat them as a chance to maneuver the nation ahead.

Raisi stated Iran has been profitable in breaking the “most stress” coverage that Washington has launched into since unilaterally abandoning Iran’s 2015 nuclear cope with world powers in 2018.

Regardless of a number of rounds of talks, no breakthrough has been achieved to revive the landmark deal that may probably grant sanctions reduction in trade for curbs on Tehran’s nuclear programme.

Direct flight between Tehran and Caracas
Maduro additionally praised Venezuela’s “resistance towards sanctions and imperialism” since 2017, and stated his nation goals to make use of Iran’s experiences on this space and can centre future cooperation on science and know-how.

The Venezuelan president hailed Iran’s “miracles” in growing its agriculture sector amid historic droughts, and stated the 2 international locations aimed to develop ties on this sector.

A direct flight between Tehran and Caracas shall be established from July 18, Maduro introduced, expressing hope that it’s going to assist extra Iranians take into account Venezuelan cities and pure landmarks as vacationer locations.

“I consider that our future shall be one of many pleasing and strong friendships,” he stated. “The way forward for the world is one in all equality and justice and standing up towards imperialism. We should construct this future collectively.”

In an interview with state-run Spanish-language HispanTV on Friday, Maduro had additionally praised Iran’s assist with its dilapidated oil business.

Raisi, who had despatched his petroleum minister Javad Owji to satisfy with Maduro earlier this yr, on Saturday promised cooperation will proceed.

‘Standing as much as American hegemony’
Since 2020, Iran has helped restore and overhaul plenty of Venezuelan refineries which have suffered from many years of mismanagement, low investments and sanctions.

The international locations additionally signed an oil swap settlement final yr, based mostly on which Iran despatched shipments of its heavy crude to assist Venezuela ramp up the manufacturing of oil and fuel to keep away from gasoline crises that it has seen lately.

Talking from Tehran, Hamed Mousavi, professor of political science on the College of Tehran, stated each presidents tried to venture a picture of “standing as much as American hegemony”.

“Such a method may very well be profitable if different greater international locations similar to China and Russia take part,” he advised Al Jazeera.

Highlighting that Iran and Venezuela’s joint delegation assembly was largely targeted on financial elements, Mousavi stated the 2 international locations would profit from financial cooperation regardless as they continue to be underneath stringent US sanctions.

Iran signed a 25-year cooperation accord with China final yr, which it stated “entered the implementation stage” earlier this yr.

It is usually negotiating the renewal of a 20-year cooperation accord with Russia, which was mentioned throughout Raisi’s journey to Moscow in January.

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