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Iran-Venezuela joint projects to be implemented as soon as possible: Salehi

Iran Materials 18 September 2011 00:49 (UTC +04:00)

The Iranian foreign minister in a meeting with the Venezuelan deputy foreign affairs minister on Saturday stressed the need to execute the two countries' joint project as soon as possible, IRNA reported.

Ali Akbar Salehi in his meeting with Temir Porras, pointed to the upcoming visit of President Mahmoud Ahmadinejad to Caracas and holding of joint economic commission and said that the execution of joint projects is in favour of both countries.

Salehi and Porras also discussed bilateral relations as well as regional and international developments.

The holding of joint economic commission and the Iranian President's visit to Caracas were discussed in the meeting, the Foreign Ministry website reported.

Iran-Venezuela relations have been strengthened substantially in recent years.

Trade between Venezuela and Iran is growing steadily and the two countries have launched joint ventures in a number of sectors, including energy, agriculture, housing, and infrastructure. The value of industrial development projects carried out by Iranian firms in Venezuela stands at around four billion dollars.

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