Iran, Venezuela ink several agreements

12 March 2005 | 16:14 Code : 4796 Geoscience events
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Several agreements worth a total of over one billion dollars were signed between Iran and Venezuela here Friday.
Several agreements worth a total of over one billion dollars were signed between Iran and Venezuela here Friday.
   The documents were signed by visiting Iranian President Mohammad Khatami and his Venezuelan counterpart Hugo Chavez. The agreements and memoranda of understanding (MoUs) inked by the
   two presidents cover various fields. Agreements on encouragement and support of investment, avoidance of double taxation, shipping and marine trade as well as MoUs on oil, gas and petrochemistry are among the signed documents. The agreements also cover cooperation between the two countries on geological and mines projects. In a separate ceremony here Friday, Venezuelan President Hugo
   Chavez handed the highest official sign of his government to PresidentMohammad Khatami.
   Addressing the ceremony, Khatami expressed happiness over his visit to the country and said the sign was a symbol of the link between the two nations that have made up their minds to live freely
   and gracefully. Stressing that the two countries were moving steadily towards development in spite of all problems and and obstacles, he said he was pleased to receive the sign from the hands of a person for whom the Venezuelan nation has repeatedly proven its respect. Chavez, too, described Khatami as a person who has always fought for freedom, justice and peace and has always wanted the best for all
   world nations. Furthermore, President Mohammad Khatami was presented the Golden Key of the City of Caracas and also the highest degree of the city`s municipality. The key and the degree were granted to Khatami as a token of Venezuelan officials` gratitude for the efforts he has been ndertaking during his term of presidency to promote ties between the two countries. The Iranian President also took part in a dinner banquet thrown at his honor and his accompanying delegation by President Hugo Chavez on Friday night.
   Khatami arrived in Caracas Thursday afternoon from Sarajevo on thethird leg of his three-nation tour which has already taken him to Croatia and Bosnia and Herzegovina. Khatami met Venezuelan President Hugo Chavez for talks on issues of bilateral interest, as well as regional and international evelopments.
   Iran and Venezuela also concluded several political and economic cooperation agreements during Khatami`s visit. Iran`s ministers of foreign affairs, economic affairs and finance as well as industries and mines are accompanying the president during the tour.

NGDIR

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