Iran and Venezuela on Saturday (Sunday in Manila) signed a 20-year cooperation agreement during a visit by Venezuelan President Nicolas Maduro to Tehran, state media reported. AFP PHOTOTEHRAN: Iran and Venezuela signed a 20-year deal on cooperation between the two allies subject to US sanctions during a visit on Saturday (Sunday in Manila) to the Islamic republic by Venezuelan President Nicolas Maduro. Khamenei welcomed the agreement, and called for "stronger" cooperation between Tehran and Caracas, according to a statement on his official website. "We have important projects of cooperation between Iran and Venezuela in the fields of energy, petrochemicals, oil, gas and refineries," Maduro said. In 2020, Venezuela received two shiploads of fuel and derivatives from Iran to help address chronic domestic shortages.

Source: Manila Times June 13, 2022 11:54 UTC