The world seems to be polarizing - those who submit to US imperial might, and those who don't (or at least, pretend not to).
http://www.aljazeera.com/cgi-bin/news_service/middle_east_full_story.asp?service_id=11909
http://www.aljazeera.com/cgi-bin/news_service/middle_east_full_story.asp?service_id=11909
Al Jazeera said:Iran, Venezuela strike alliance
7/29/2006 5:40:00 PM GMT
Speaking to reporters following an official ceremony welcoming his arrival in Tehran, the Venezuelan President Hugo Chavez stressed Saturday that Venezuela would always stand beside Iran under any circumstances.
"I stress herewith that, under whatever circumstances, we will always stand beside the Iranian nation. History has shown that as long as we stay united, we can remain resistant and defeat imperialism," Chavez said in a joint press conference with his Iranian counterpart Mahmoud Ahmadinejad.
President Chavez arrived Saturday afternoon in Tehran at the head of a high-ranking political and economic delegation, in a visit aimed at discussing bilateral, regional and international relations between the two countries.
This is President Chavez's fifth visit to Iran during his Presidential term. He is expected to hold talks with high-ranking Iranian officials during his three -day visit to the Islamic Republic.
The Venezuelan President and his entourage including Oil Minister Rafael Ramirez were greeted by the Iranian Minister of Industries and Mines Ali-Reza Tahmasbi.
Calling President Ahmadinejad "my brother", Chavez stated that several oil contracts would be signed between Iranian and Venezuelan companies during his visit.
Ahmadinejad on the other hand hailed his Venezuelan counterpart's decisive stance" against Washington, noting that having him in Iran was "like a meeting between two brothers and comrades."
On Sunday, Iranian President will hand Mr. Chavez the "High Medal of the Islamic Republic of Iran" for his contribution to improving bilateral ties between the two countries in recent years.
"Mr Chavez is very close to Iran due to his revolutionary standpoints and also the two countries of Iran and Venezuela have various common points on regional and global issues," Ahmadinejad said.
"We therefore consider the progress of Venezuela like our own progress," he added.
Chavez is also expected to inaugurate Venezuelan embassy building in Tehran.
Iran and Venezuela have joined forces with the aim of undermining the U.S. currency.
Last year, President Hugo Chavez announced that Venezuela was planning to move its foreign-exchange holdings out of the dollar and into the euro, calling for the creation of a South American central bank that would hold all foreign-exchange holdings of the participating countries in euros, dealing a major blow to the once strong U.S. Dollar.
Also Iran unveiled plans of opening an Iranian Oil Bourse in March expected to challenge NYMEX (the New York Mercantile Exchange) and IPE (London's International Petroleum Exchange).