Iran's industries and mining minister says more than 30 industrial projects will be inaugurated by Iran in Venezuela by the end of 2008.
The projects are to be inaugurated in Venezuela on an average of one every 10 days, said Ali-Akbar Mehrabian who is visiting Caracas at the official invitation of Venezuelan President Hugo Chavez.
Mehrabian met with the Venezuelan ministers of foreign affairs, basic industry and mining, light industry and commerce, housing and popular economy in the most recent round of Iran-Venezuela's cooperation talks.
The Iranian side also urged the Venezuelans to facilitate customs' regulations and the process of payments.
The two parties also discussed increasing Iranian car production in Venezuela, up to ten thousand units annually, and the construction of the second phase of a cement factory by Iranian experts.