Venezuelan President Hugo Chávez kicked off a two-day official visit to Iran.

The Bolivarian and Islamic Republics see themselves as the two main revolutionary models currently capable to standing up to the system of world domination, which they qualify both as "imperialistic" and "Zionist".

Venezuela and Iran signed 80 bilateral agreements since Mahmoud Ahmadinejad’s election as President.

In 2009, both countries created a common bank with an initial capital of 200 million dollars, which should climb to 600 million dollars by the end of 2010.

Venezuela publicly pledged to assist Iran to sidestep the illegal embargo which the United Nations Security Council adopted against it. With this objective in mind, new agreements should also be inked in the bank and energy sectors.