Iran Woos Anti-American Allies in Latin America

January 9, 2012 07:35


Iran has expanded its economic, political and military influence in Latin America, taking advantage of an upswell of anti-American sentiment in the region led by Chavez and his eight-nation Bolivarian Alliance for the Americas. – Bloomberg.com

 

By Eric Sabo and Jose Orozco – Jan 9, 2012 – Bloomberg.com


EXCERPTS:

After holding talks with Chavez today, Ahmadinejad will travel to Nicaragua to attend the swearing-in ceremony tomorrow of President Daniel Ortega, who was re-elected to a second consecutive term in November. He’ll also visit Cuba and Ecuador during the five-day tour.

 

Under Ahmadinejad, Iran has expanded its economic, political and military influence in Latin America, taking advantage of an upswell of anti-American sentiment in the region led by Chavez and his eight-nation Bolivarian Alliance for the Americas.

 

More worrisome are deals to help Venezuela explore for minerals including uranium, said Jose Cardenas, a National Security Council official under President George W. Bush. The two countries in 2007 also established in Caracas the Banco Internacional de Desarrollo, which together with its main Iranian shareholder, Bank Saderat, is accused by the U.S. of being a vehicle for the Ahmadinejad government’s funding of Middle Eastern terrorist group Hezbollah.

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