[thackney]

"Numerous oil and gas contracts between Iran and Venezuela show the two countries are serious in developing ties," he said, describing Iran as a "good model for other countries."...

Aside from their anti-US stance, the two countries enjoy warm ties and cooperation in the energy sector, with Iran OPEC's second largest crude producer and Venezuela also a major player in the cartel.

Chavez, who is accompanied by his foreign, communications, energy, industry and economy ministers, is expected to sign 20 agreements including the construction of 7,000 houses, a petrochemical plant and a vocational training centre in Venezuela.

The two leaders will inaugurate construction of a joint petrochemical plant on Monday in the southern industrial zone of Asaluyeh which will produce a million tons of methanol every year.

A similar plant would be built in Venezuela to give Iran better access to Latin American and Brazilian markets and provide easier reach to India and Pakistan for Venezuela, state news agency IRNA said.

Read the article everyone, this is much more than gestures and words.

[WorkerbeeCitizen]

"...is expected to sign 20 agreements including the construction of 7,000 houses, a petrochemical plant and a vocational training centre in Venezuela."

I find this interesting.