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June 11 (Reuters) – Iran and Venezuela, oil producers grappling with crippling U.S. sanctions, signed a 20-year cooperation plan in Tehran on Saturday, with the Islamic Republic’s supreme chief saying the allies would proceed to withstand. stress from Washington.
The signing ceremony, broadcast on Iranian state tv, was overseen by Iranian President Ebrahim Raisi and his Venezuelan counterpart Nicolas Maduro and happened on the Saadabad Palace in northern Tehran.
The plan consists of cooperation within the areas of oil, petrochemicals, protection, agriculture, tourism and tradition.
It additionally consists of the restore of Venezuelan refineries and the export of technical and engineering providers.
“Venezuela has proven exemplary resistance towards sanctions and threats from enemies and imperialists,” Iran’s Raisi stated. “The 20-year cooperation doc is testimony to the willingness of the 2 international locations to develop ties.”
“Sanctions and threats towards the Iranian nation over the previous 40 years have been quite a few, however the Iranian nation has turned these sanctions into a chance for the nation’s progress,” he stated.
Maduro stated via an interpreter {that a} weekly flight from Caracas to Tehran would start on July 18.
Iranian President Ebrahim Raisi shakes fingers with Venezuelan President Nicolas Maduro throughout a welcoming ceremony in Tehran, Iran on June 11, 2022. President’s web site/WANA (Western Asian Information Company) /Handout through REUTERS
In a gathering with Maduro, Supreme Chief Ayatollah Ali Khamenei promised that Iran would proceed to again Venezuela within the face of US stress, based on state media.
“The profitable expertise of the 2 international locations confirmed that resistance is the one solution to cope with these pressures,” Khamenei stated. “The 2 international locations wouldn’t have such shut ties with another nation, and Iran has proven that it takes dangers in instances of hazard and takes the fingers of its pals.”
Maduro stated: “You got here to our help when the state of affairs in Venezuela was very tough and no nation was serving to us.”
Defying US stress, Iran despatched a number of shipments of gas to Venezuela and helped with refinery repairs. Final month, Venezuela started importing Iranian heavy crude, increasing a swap deal signed final yr to change Iranian condensate for Venezuelan heavy crude. learn extra
Maduro arrived in Tehran this Friday with a high-level political and financial delegation after visiting Turkey and Algeria.
Throughout the go to, Iran handed over to Venezuela the second of 4 Aframax-sized oil tankers, with a capability of 800,000 barrels, ordered from the Iranian firm SADRA, state media reported. SADRA has been below US sanctions for greater than a decade for its ties to Iran’s elite Revolutionary Guards.
In Might, Iran’s state-owned Nationwide Petroleum Engineering and Development Company signed a contract price about 110 million euros to restore Venezuela’s smallest 146,000-barrel-per-day refinery.
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Data from Dubai Newsroom; Edited by Jason Neely, Angus MacSwan, and Diane Craft
Our requirements: the Thomson Reuters Belief Rules.
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