Tehran: Iran and Venezuela signed a 20-year “cooperation road map” Al Jazeera reported on Saturday.
This deal was signed during a state visit by Venezuelan President Nicolas Maduro to Tehran as the two oil-rich countries reeling under United States sanctions pledged to boost bilateral ties.
The Venezuelan president is on a two-day trip to Iran and met his Iranian counterpart Ebrahim Raisi on Saturday at the Saadabad Palace in Tehran a day after arriving in the Iranian capital with a high-level political and economic delegation.
Addressing a joint press conference after the meeting the two leaders hailed raising bilateral relations to the “strategic” level and agreed that the two countries can boost ties in trade in addition to the energy, science and technology, agriculture and tourism sectors.
The cooperation roadmap was signed by the foreign ministers of the two countries in the presence of their respective presidents.
The delegations from both countries also discussed details of the future cooperation, as the leaders focused on issues of mutual cooperation on economic issues amid crippling economic crises due to sanctions.