Ahmadinejad made the remarks in a meeting with Venezuelan President Hugo Chavez, saying, "The world arrogance is getting weaker thanks to the anti-imperialism movement worldwide, particularly in American countries."

He further pointed to Iranian policy of expanding ties with independent countries of Latin America, and said Iran and Venezuela enjoy abundant potentials in different sectors for cooperation.



"Iran and Venezuela can expand their cooperation in various sectors including establishing joint ventures, holding exhibitions of goods, and setting up joint investment fund," he noted.



Chavez, for his part, elaborated on the latest situation in Latin American region, saying cooperation among independent countries including Iran and Venezuela will be effective to deal with imperialism and save the other nations.



He said that the Latin American countries are willing to use precious experiences of Iran in different arenas.



The Venezuelan president has welcomed Iran's participation in ALBA movement (Bolivarian Alternative for Latin America) as an observer, underlining that Iranian nation has been successful in its way of resisting the policies of imperialism.

Tehran, July 1, IRNA