Venezuela gains a trade-fight partner
Iran will join a Latin American initiative designed to counter U.S.-led efforts toward free trade in the region, the website of the Iranian president’s office reported as Venezuelan President Hugo Chavez visited the country.
The report said Chavez welcomed Iran’s observer membership in the Cuban-Venezuelan alternative to the Free Trade Area of the Americas.
It did not specify what observer membership would entail but reflects the growing relationship between the two countries, whose leaders have condemned U.S. policies.
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