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Wednesday, May 21, 2008

Iran, Venezuela launch common bank

Venezuela has declared that it is establishing a common bank with Iran to finance economic development projects in the two countries. The bank, to be based in Tehran, will have an initial capital base of 1.2 billion dollars, with each nation providing half of the funds, AFP reported on Tuesday. It follows up on a March 2007 agreement the two countries signed. The relations between the two countries has elevated to an unprecedented level during President Mahmoud Ahmadinejad's term. Last month Venezuelan President Hugo Chavez said unity and cooperation between Tehran and Caracas has gotten the 'US imperialism' riled up. "The two countries' cooperation has turned into a great unity between the Iranian and Venezuelan nations and this annoys the US imperialism," he said.

2 comments:

Anonymous said...

Are the Iranian women being oppressed by the government in Iran? Is Iran dispatching weapons to Lebanon and Iraq? Is the Iranian government promoting terrorism and violating human rights? Are the Persian Gulf countries planning to support US against Iran? Find all the answers and documentaries on http://helloyahoomail.net/en and let me know about your views by commenting on the posts.
Hello Yahoo Mail has been established in order to protest Yahoo mail removal of Iran's name from its list of countries and it was a good pretend to teach the global opinion more about Iran, Persian culture, civilization and lifestyle.
Wait to hear from you
Best Wishes

Kevin.Hammersly said...

yes,maybe but i think not,little but not much , yes absolutely , these are the answers to above questions.
:)
and about the bank stuff : I hope it works!

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