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Notlim
09-28-2007, 01:24 PM
The Associated Press

The leaders of Iran and Venezuela cemented an alliance aimed at countering the United States while the Iranian president reached out to a new ally in Bolivia and declared that together, "no one can defeat us."

After being vilified during his U.N. visit this week, President Mahmoud Ahmadinejad traveled on to friendlier territory Thursday, first stopping in Bolivia where he pledged $1 billion in investment and then visiting Venezuela to meet President Hugo Chavez.

from the same article

Ahmadinejad's trip underscored his growing ties to Latin American nations, including Nicaragua and Ecuador, even as the U.S. tries to isolate him internationally.

The closer relationship is viewed with alarm by the opposition in Venezuela and Bolivia, and by Washington. U.S. Rep. Connie Mack, a Florida Republican, said they remind him "of the relationship that Fidel Castro had with Russia." He urged Washington to reach out more to a region analysts say it has largely ignored since the Sept. 11 attacks.

Toward that aim, a bipartisan bill is being introduced in Congress on Friday that would establish a 10-year, $2.5 billion program aimed at reducing poverty and expanding the middle class in Latin America. It would require recipient countries to contribute and encourage matching funds from businesses and non-governmental organizations.

The program would bring more stability in the long run and help the United States "re-establish leadership in the hemisphere" by increasing development assistance by more than a third, said bill co-sponsor Sen. Bob Menendez, a New Jersey Democrat.

Chavez's government, for its part, has promised more than $8.8 billion in aid, financing and energy funding to the region this year.



http://abcnews.go.com/International/wireStory?id=3663456