Argentina and Venezuela signed on Tuesday several cooperation agreements concerning agriculture and industry in a ceremony held at the Argentinean Ministry of Foreign Affairs, in Buenos Aires, with the presence of some 200 local businessmen and headed by Venezuelan President, Hugo Chávez.

Chávez presided over the execution of the cooperation agreements together with Venezuelan Minister of Foreign Affairs Nicolás Maduro.

"This meeting contributes to advance one step further in the cooperation process between Argentina and Venezuela," said Argentinean Minister of Foreign Affairs Jorge Taiana, who was also present in the ceremony.

Among the agreements, there is a contract for the sale of Argentine agriculture machinery to Venezuela. The agreement was signed by Argentina's Chamber of Manufacturers of Agriculture Machinery, AFP reported.

The Venezuelan Ministry of Light Industry and Trade also signed training and cooperation agreements with the Argentina's National Institute for Industrial Technology (INTI). Further, the Venezuelan Ministry of Agriculture signed an agreement with the Argentinean Institute for Agriculture Technology (INTA).