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Iran continues to supply its military systems to Venezuela, and this creates grave concerns in South America. The Iranian defence industry is using "straw" companies, some in Europe, to obtain dual-use components used in their locally manufactured military systems.
During a naval parade in Venezuela on July 24, 2023, Iranian-made Zolfaghar-class missile boats armed with Nasr-1 anti-ship missiles were observed participating.
Iran and Venezuela have been strengthening their defence relations in recent years. In a recent interview with the Iranian Tasnim news agency, Brigadier General Mohammad Reza Ashtiani described Venezuela as a great nation in a sensitive region with which Iran has maintained close relations at the presidential level for years.