Venezuela-Iran Business Meeting strengthens Cooperation Agreements

Published at: 01/06/2025 11:19 PM

From the Emerald Room of the Eurobuilding Hotel in the city of Caracas, the Venezuela-Iran Business Meeting was held this Sunday, to review bilateral cooperation agreements, in addition to strengthening ties between the two countries, as well as strengthening trade relations with a true integration mechanism.

The Minister for Transportation and co-president of the Venezuela-Iran High-Level Joint Commission, Ramón Velásquez Araguayán, stressed that the visit of the president of the Consultative Assembly of the Islamic Republic of Iran, Mohammad Baqer Qalibaf, “fills us with strength, because it is the true exchange and union of peoples with common interests.”

He also pointed out that this meeting makes it possible to eliminate the obstacles that slow down all trade relations between the two nations. He indicated that they took stock of the progress achieved in the Iran-Venezuela relationship, in which he pointed out that there are issues that are accelerating and others that have been delayed, “the objective is to accelerate as much as possible, to eliminate these obstacles, the bureaucracy to truly flow in relations between the two countries,” he said.

He stated that trade relations will be a mechanism of true integration, since when they begin exchange between both public and private sectors, merchandise will flow, exchanges, technology transfer, “it is the real mechanism to say that integration is a success”.

Araguayán announced that “we are going to have a fiber optic factory here in Venezuela through the company MDC present, which is a great step forward for relations on the subject of telecommunications.”

In terms of health, he also highlighted that in the country the first treatment room with hemodialysis machines has been installed, allowing renal patients to have an economic option with technology support for their treatments.

The co-president of the Joint Commission said that “soon in Venezuela, the Iran-Venezuela Scientific Center will be inaugurated, a large area where Venezuelan companies will be able to see Iranian technology exhibited as a facilitative exchange mechanism that will help a lot in trade relations.”

He said that an Iranian insurance company is installed in Venezuela, which will give a good answer regarding the issue of ship and aircraft insurance. Araguayán said that the airline Conviasa has had this Iranian insurance for three years.

“With this meeting, let us hope to overcome the obstacles that could hinder growth and economic exchange between the two countries, so that the Iranian-Venezuelan private and public sectors do not have difficulties in the exercise of shaping a commercial structure that represents true integration,” he stressed.

Mazo News Team/VTV