Adam Raney

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Adam Raney
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By Adam Raney in Americas on January 10th, 2012
Venezuela's President Hugo Chavez and Iran's President Mahmoud Ahmadinejad shake hands during a welcoming ceremony [Reuters]

Venezuelan President Hugo Chavez and Iran's President Mahmoud Ahmadinejad exchanged warm embraces and signed several trade and political agreements on Monday.

Few details were given to the press - other than that the agreements were meant to expand research in science, nanotechnology, industry and politics.

It was more a display of how they were deepening ties on economic development projects and strengthening their political alliance. Chavez touted ongoing projects such as food processing plants, and tractor and bicycle factories - all of which were built in Venezuela with Iran's help.

He even included pre-recorded segments at the press confence where workers gave viewers tours of corn processing plants and milk treatment plants.

For two of the world's most oil-rich countries though, the projects seemed a bit small scale to be highlighted for the international press.