Venezuelan leader, Iranian president sign 20-year agreement
Venezuelan leader Nicolas Maduro and Iran’s hard-line president signed a 20-year cooperation agreement Saturday, a day after Maduro praised the Islamic Republic for sending badly needed fuel to his nation despite U.S. sanctions.
Maduro’s first visit to Iran comes amid tensions across the Middle East over the collapse of Iran’s nuclear deal with world powers. U.S. sanctions and rising global food prices are choking Iran’s ailing economy, putting further pressure on its government and its people.
A high-ranking political and economic delegation from Venezuela — which like Iran is under heavy U.S. sanctions — is accompanying Maduro on his visit, following an invitation from hard-line President Ebrahim Raisi.