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Venezuelan leader, Iranian president sign 20-year agreement

by Trading How
June 11, 2022
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TEHRAN, Iran — Venezuelan chief Nicolas Maduro and Iran’s hard-line president signed a 20-year cooperation settlement Saturday, a day after Maduro praised the Islamic Republic for sending badly wanted gas to his nation regardless of U.S. sanctions.

In an interview with President Maduro after his arrival in Tehran for a two-day go to, Iranian state media reported late Friday that Maduro hailed Iran’s transfer to ship gas tankers to his energy-hungry nation.

“Tehran’s supply of oil to Caracas was a fantastic assist to the Venezuelan individuals,” he stated.

Maduro’s first go to to Iran comes amid tensions throughout the Center East over the collapse of Iran’s nuclear take care of world powers. U.S. sanctions and rising world meals costs are choking Iran’s ailing economic system, placing additional stress on its authorities and its individuals.

A high-ranking political and financial delegation from Venezuela — which like Iran is below heavy U.S. sanctions — is accompanying Maduro on his go to, following an invite from hard-line President Ebrahim Raisi.

In a joint press convention Saturday, Raisi and Maduro signed a 20-year settlement to broaden ties within the oil and petrochemical industries, the navy and the economic system.

Iranian English-language PressTV quoted Maduro earlier than the information convention as saying the 2 males would meet to debate “the necessity to properly inform the Iranian and Venezuelan nations concerning the warfare of sanctions and discover methods to counter them with steadfastness.”

Maduro stated Venezuela and Iran are united by “a typical imaginative and prescient” on worldwide points and are each victims of coercive measures by the USA and its allies.

“Caracas and Tehran have formed the technique of (a) resistance economic system and are working to broaden it,” he stated.

On his web site, Khamenei stated that the profitable expertise of the 2 nations confirmed that the one technique to face the USA’ pressures and wars is “to withstand.” He thanked Maduro and the individuals of Venezuela for his or her resistance, saying that “immediately, the USA views Venezuela otherwise.”

Maduro is on a Eurasia tour after President Joe Biden determined to not invite him to the Summit of the Americas, which started Thursday. His stops earlier this week included Algeria and Turkey.

Turkey is one among a handful of locations around the globe — Russia and Iran are amongst them — the place Maduro is welcome amid U.S. sanctions on his nation.

Venezuela, Cuba and Nicaragua weren’t invited to the summit by the Biden administration resulting from their authoritarianism and human rights violations. That call led to Mexico’s president asserting he wouldn’t attend.

Raisi praised Maduro as a frontrunner “who has proven a coverage of combating in opposition to imperialism and has achieved a great place by overcoming sanctions and threats.”

Maduro introduced {that a} direct flight between Tehran and Caracas would start subsequent month.

The semi-official Tasnim information company later reported that Iran had delivered the oil tanker Aframax-2 to Venezuelan officers, the second of 4 vessels Iran was contracted to construct for the South American nation.

Amid rising tensions with the West, Iran has began eradicating 27 surveillance cameras from nuclear websites throughout the nation, the top of the U.N. atomic watchdog stated Thursday. He warned this might deal a “deadly blow” to the tattered nuclear deal as Tehran enriches uranium nearer than ever to weapons-grade ranges.

That growth got here a day after the Worldwide Atomic Power Company’s board of governors censured Tehran for failing to offer “credible info” over manufactured nuclear materials discovered at three undeclared websites within the nation.

Iran’s foreign money dropped to its lowest worth ever after the censure — to 327,500 rials to the greenback.



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