Top Iranian and Venezuelan officials have proposed new industrial projects for further cooperation between the two allies in the future, Press TV reported.
Iran's Industries and Mines Minister Ali-Akbar Mehrabian, in Caracas on an official visit, met with Venezuela's house, industry and agriculture ministers in Caracas on Saturday to discuss joint industrial projects underway and planned by the two countries.
Mehrabian expressed Iran's willingness to provide Venezuela with expertise and support in the fields of technology and education and called for the establishment of "a new road map" for expansion of Tehran-Caracas industrial cooperation, IRNA reports.
Iran has so far performed several projects in Venezuela, including car and tractor manufacturing units, 13 dairy factories, and cement production units.
Mehr news agency also reported that Tehran and Caracas have agreed to establish several industrial workgroups to accelerate additonal joint projects.
Mehrabian also inaugurated Iran's industrial show in Venezuela on Thursday.
Over 30 Iranian companies active in the fields of oil industry, carpet, foods, tractor and automobile manufacturing and home appliances are showcasing their latest achievements in the 4-day event.
In January, Mehrabian said that 70 projects, mostly in the areas of automobile and tractor manufacturing and the construction of cement and dairy factories, were being carried out in Venezuela.
Iranian companies are also involved in mining and excavation projects as well as cultural, technological, scientific, and academic activities in Venezuela.
Iranian President Mahmoud Ahmadinejad and Venezuelan President Hugo Chavez signed a memorandum of understanding in Caracas in 2009 that comprised 270 agreements on cooperation in the areas of agriculture, industry, technology, energy, fisheries and housing.