Cooperation agreement for the next twenty years between Venezuela and Iran

Venezuelan President Nicolás Maduro, welcomed by his Iranian counterpart Ebrahim Raïsi, during his official welcoming ceremony in Tehran, this Saturday, June 11, 2022. AP - Vahid Salemi

Text by: RFI Follow

1 min

Iran and Venezuela, two oil-producing countries hit by US sanctions, concluded a 20-year strategic cooperation agreement this Saturday, June 11, during a visit by Venezuelan President Nicolás Maduro to Tehran.

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With our correspondent in Tehran,

Siavosh Ghazi

This agreement provides for extended cooperation in the oil, gas, petrochemical and industrial fields.

Iran has already sent several tankers to Venezuela to deliver oil, but also gasoline to this country.

An agreement was also signed between Tehran and Caracas to repair two important refineries in Venezuela by Iran.

Celebro esta jornada de conversaciones y comprendimiento profundo con el Presidente de la República Islámica de Irán, Ebrahim Raisi.

Hemos logrado articular nuestras fuerzas en un mapa de cooperación asombroso, a nivel energetico, financiero, de la petrochemical y la defensa.

pic.twitter.com/G9gM3ga7HK

— Nicolás Maduro (@NicolasMaduro) June 11, 2022

The two countries are standing up to the United States, despite very harsh economic sanctions, as Iranian President Ebrahim Raisi recalled:

Venezuela has shown that in the face of the threats and sanctions of imperialism it has shown exemplary resistance.

At the same time, when the White House recognizes that the policy of maximum pressure against Iran has failed, it is a sign of victory for the Iranian people and the failure of the United States and the enemies.

Cooperation between the two countries is not limited to the energy field.

Iran has indeed delivered combat drones to Venezuela to the chagrin of the United States.

This agreement comes as tensions continue to mount between Tehran and Washington over its nuclear program.

►RFI Archive: Five Iranian tankers en route to Venezuela (2020)

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  • Iran

  • Venezuela

  • Diplomacy

  • Trade and Exchanges

  • Oil

  • Industry

  • Energies

  • Ebrahim Raisi

  • Nicola Maduro