Sanctions-hit Iran, Venezuela sign 20-year cooperation deal
Iran and Venezuela signed a 20-year deal on cooperation between the two allies subject to US sanctions during a visit Saturday to the Islamic republic by Venezuelan President Nicolas Maduro.
The inking of the agreement "shows the determination of the high-level officials of the two countries for development of relations in different fields," Iranian President Ebrahim Raisi said.
Maduro, speaking at a joint news conference in Tehran, said the cooperation covered the energy and financial sectors, as well as "work together on defence projects".