Press TV- Iran and Venezuela have signed two memoranda of understanding (MoU) and a joint statement in line with the declared resolve of both nations to expand bilateral ties in all fields.  Based on the agreements, Tehran and Caracas will expand cooperation in the fields of industry, science and Nano-technology, as well as economy. Both leaders planned to travel to Nicaragua on Tuesday for the inauguration of newly re-elected President Daniel Ortega, and then Ahmadinejad will also visit Cuba and Ecuador, AP reported.