Friday, December 23, 2005

Iran, Venezuela to shipbuilding in Caracas

http://www.iranmania.com/News/ArticleView/Default.asp?NewsCode=38638&NewsKind=Current%20Affairs

Iran, Venezuela to shipbuilding in Caracas

Tuesday, December 13, 2005 - �2005 IranMania.com

LONDON, December 13 (IranMania) - Iran and Venezuela have reached basic agreements on the possibility of cooperation aimed particularly at establishing a shipbuilding yard in Caracas.

Preliminary agreements on producing the oil and natural gas tankers in the South American country?s capital as well as other relating issues were signed last week. Also based on the terms of the agreement, Iranian experts will train Venezuelans on the shipbuilding industry, the state-owned oil and gas company Petroleos De Venezuela announced, the Persian service of Iranian Students News Agency (ISNA) reported.

In addition, the two countries have recently signed a number of other agreements some of which include the construction of a joint cement production factory and an auto manufacturing plant planned to produce 10,000 Iranian automobiles per day in Venezuela as well as the oil exploration projects to be developed in Venezuela?s oil fields by the Iranian side.

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