TEHRAN (Fars News Agency)- Iran’s Ahmadinejad and Venezuela’s Chavez in Caracas on Sunday said they were decisive to establish a strategic investment fund.

TEHRAN (Fars News Agency)- Tehran and Caracas issued a joint statement and signed 10 cooperation agreements and Memoranda of Understanding (MoU) in various grounds on Saturday.

TEHRAN (Fars News Agency)- Iran and Venezuela called on the other members of the Organization of Petroleum Exporting Countries (OPEC) to slash their production in a bid to prevent any further drop in the world oil prices.