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Iran invests millions in Venezuela
Tehran Times ^ | October 6, 2008 | Tehran Times

Posted on 10/06/2008 5:58:54 PM PDT by nickcarraway

Iranian Industries and Mines Minister Ali-Akbar Mehrabian announced here on Sunday that the country has commissioned hundreds of millions of dollars worth of industrial projects in Venezuela.

Speaking on the sidelines of a meet with Venezuelan Foreign Minister Nicolas Maduro, the Iranian official said that two development projects in the housing and tractor manufacturing fields will soon be inaugurated, the Mehr News Agency reported.

The two sides discussed the status quo of projects underway by Iranian entities in Venezuela as well as enforcing the 17 cooperation agreements inked in the fifth Tehran-Caracas joint economic session.

Nicolas Maduro expressed his satisfaction over the meeting and said, “The progress of the projects is satisfactory.”

“Iran and Venezuela relations are now an example for the third world countries.”

Tractor, automobile, bicycle, and cement production factories will be soon put into action, he said.


TOPICS: Culture/Society; Extended News; Foreign Affairs; News/Current Events
KEYWORDS: chavez; iran; redjihad; venezuela

1 posted on 10/06/2008 5:58:55 PM PDT by nickcarraway
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To: nickcarraway

Cool. Better they throw away their cash on ill-fated ventures in Chavezland, than give it to Hezbullah.


2 posted on 10/06/2008 6:00:59 PM PDT by FreedomPoster (Obama: Carter's only chance to avoid going down in history as the worst U.S. president ever.)
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To: nickcarraway

How much uranium does V. have?


3 posted on 10/06/2008 6:02:05 PM PDT by xcamel (Conservatives start smart, and get rich, liberals start rich, and get stupid.)
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To: FreedomPoster

I’ve got some bad news for you.

http://www.latimes.com/news/nationworld/world/la-fg-venezterror27-2008a


4 posted on 10/06/2008 6:19:34 PM PDT by tanuki (Summum ius summa injuria. (The more law, the less justice))
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To: FreedomPoster

Oops! Let me try that again.

http://mypetjawa.mu.nu/archives/184540.php


5 posted on 10/06/2008 6:22:09 PM PDT by tanuki (Summum ius summa injuria. (The more law, the less justice))
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To: nickcarraway

The Iranians make fine bunkers.


6 posted on 10/06/2008 6:33:38 PM PDT by Blue State Insurgent (You betcha!)
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To: nickcarraway

After the oil?


7 posted on 10/06/2008 7:03:09 PM PDT by Beowulf9
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To: FreedomPoster

“...throw away their cash...”

You got that right!! What a rude awakening the Persian Empire is gonna’ have this time around: investing in any South American country is risky at best, but when controlled by an egotistical maniac with delusions of grandeur, they’re bound to lose all their investment and maybe personnel.

The USA may find itself in the odd predicatment of being on the sidelines as an observer if Iran and Venezuela have a violent over their “deal” going toes up!!


8 posted on 10/06/2008 8:30:29 PM PDT by SatinDoll (NO FOREIGN NATIONALS AS OUR PRESIDENT!!)
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Excuse me, that should read “...Iran and Venezuela have a violent conflict over...”


9 posted on 10/06/2008 8:32:14 PM PDT by SatinDoll (NO FOREIGN NATIONALS AS OUR PRESIDENT!!)
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To: nickcarraway; ex-Texan
Iran and Venezuela, both key OPEC exporters and also cohorts in the expanded Axis of Evil, armed and supported by Russia, another major energy exporter & energy manipulator, in relation to natural-gas feeder pipelines to European nations.

The leftist cancer is investing & spreading throughout Latin America, placing the Russian threat directly on our southern flank through major arms support for various anti-American régimes.


10 posted on 10/06/2008 8:47:24 PM PDT by M. Espinola (Freedom is not 'free'.)
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