Iran, Venezuela in "axis of unity" against U.S.


  • World
  • Monday, 02 Jul 2007

ASSALOUYEH, Iran (Reuters) - The presidents of Iran and Venezuela launched construction of a joint petrochemical plant on Monday, strengthening an "axis of unity" between two oil-rich nations staunchly opposed to the United States. 

Venezuela's Hugo Chavez and Iran's Mahmoud Ahmadinejad, who both often rail against Washington, also signed a series of other deals to expand economic cooperation, ranging from setting up a dairy factory in Venezuela to forming an oil company. 

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