During his visit, the president of one of the most influential Latin American countries will consider the implementation of previous agreements, issues of bilateral cooperation, and also plans to sign new deals.
"The Venezuelan side intends to offer Iranian colleagues detailed projects in strategic cooperation, including the establishment of special zones for technology information exchange," said Jose Khan, who also co-chairs an intergovernmental trade and economic commission.
Tehran and Caracas signed a joint declaration on a strategic alliance during Iranian President Mahmoud Ahmadinejad's visit to Venezuela last September, and clinched a series of deals on economic cooperation, including in the oil, metallurgical, machine-building, and pharmaceutical industries, as well as on cultural and educational projects.
The countries have set up a $2 billion fund to implement the projects.
Chavez has repeatedly declared his support for Iran's peaceful nuclear research, which has come under tough international sanctions, as the United States and some other Western countries suspect the Islamic Republic is pursuing a covert nuclear weapons program and are demanding a halt in uranium enrichment.
"Developing nuclear energy for peaceful ends poses no global threat. The real threat is represented by the nuclear arsenals of the U.S. and its allies. They should be the first to serve as an example by destroying their stockpiles of weapons of mass destruction instead of persecuting Iran for its ambitions towards technical progress," Chavez said.
In response to this statement, Ahmadinejad called Chavez his brother and leader in the struggle against American imperialism.
Chavez said earlier this week that his country, which buys weapons abroad, had embarked on the production of its own missiles and ammunition.
"We have started producing our first missiles, but they are not long-range ones. And, we are producing ammunition," he said on TV.
Chavez denied that Venezuela was planning to attack any country, saying they needed to produce their own weapons to prevent threats from other states.
