Iran's FM, Venezuela's President Meet in Caracas

Zarif and a big delegation of Iranian business people arrived in Caracas on Saturday at the final leg of a tour of Latin America.

The top Iranian diplomat held meetings with top Venezuelan officials, including President Maduro, whose country is going to assume the rotating presidency of the Non-Aligned Movement (NAM).

Following the meeting with Zarif, Maduro said Tehran and Caracas "continue to build common ground and a new consensus on stabilizing oil markets, strengthening industries, strengthening OPEC."

Heading a 120-strong delegation of Iranian business people and economic officials, Zarif travelled to Cuba, Nicaragua, Ecuador, Chile and Bolivia before Venezuela.

Iran's Foreign Ministry had announced the tour of Latin America signifies Tehran's plans to boost non-oil exports.