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Iran, Venezuela review ways for expanding relations

Business Materials 19 November 2009 11:39 (UTC +04:00)

Iranian Industries and Mines Minister Ali-Akbar Mehrabian met with Venezuelan Foreign Minister Nicolas Maduro Moros in Tehran on Tuesday and reviewed ways of expanding economic and industrial relations.

IRNA news agency quoted Mehrabian saying that both mutual projects that are currently underway as well as future projects were discussed in the meeting.

"President Mahmoud Ahmadinejad will travel to Venezuela, Brazil and Bolivia next week to hold talks with the leaders of these countries," Mehrabian said.

He added that a large trade and economic delegation from Iran will accompany the president.

Mehrabian said that the delegation will meet directors of major companies in the Latin American countries and discuss trade issues with them.  

The Iranian official said that the main topics in the meeting with the Venezuelan foreign minister consisted of the mine industry, technology, oil and gas.

In regard to the Iranian car factory in Venezuela he said, "Iran plans to build and sell 16,000 cars in Venezuela next year."

Nicolas Maduro Moros said that Iran and Venezuela have large mutual projects currently in the fields of energy, technology, industry, finance, trade, agriculture, healthcare and culture.  

He said that the two countries have devised a roadmap for developing relations.

Realizing the objectives of this roadmap from 2010 to 2020 will be achieved through strategic unity which is the path towards peace and friendship, he stated.

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