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Venezuela and Iran Growing Closer

By Bob Ewing     Jul 2, 2007 in World
The relationship between Iran and Venezuela is growing ever closer as the two countries launch a petrochemical company in Iran and announce the building of another in Venezuela in two years.
The construction of a joint petrochemical plant in Iran began today. The $700 million project will take four years to complete and is a joint venture between Iran and Venezuela.
The new facility will produce methanol which is an alcohol that can be used as a solvent or an element in fuel. A second plant will be built in Venezuela in two years time.
Iranian President Mahmoud Ahmadinejad and Venezuelan leader, Hugo Chavez were on hand for the launch. This is Chavez’s third visit to Iran in two years. Chavez is a strong supporter of Iran’s nuclear programme and this stance has earned him considerable disapproval in the West.
"Iran and Venezuela - the axis of unity," read the official posters at the site of the plant in Assalouyeh on the Gulf coast.
Iran is facing the threat of sanctions from the United Nations and this visit by the Venezuelan President flies in the face of this threat. Two countries are now willing to work together in defiance of the United Nations and the countries of the western World.
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