Global Politics And Policy News

Memo reveals Venezuela weighed Iranian missiles in 2020

A January 2020 Venezuelan Defense Ministry memo obtained by POLITICO shows Caracas planned to purchase a ballistic missile system from Iran for more than $400 million, detailing funds routed through state-owned companies and missiles to be operated from Venezuelan naval platforms; the plan progressed further than previously known but was blocked under U.S. pressure and ultimately did not result in weapons delivery, with analysts debating how extensive the Iran–Venezuela ties actually were.