Venezuelan President Hugo Chavez in Caracas on Tuesday praised the concepts and guidelines of Iranian Supreme Leader Ayatollah Seyed Ali Khamenei. During a meeting with Iranian Ambassador to Caracas Ahmad Sobhani, the president said he will never forget the wise remarks of the Supreme Leader on the power of morality and example set by rulers to their nations. He said he was always reminded of Ayatollah Khamenei`s words: ”The power of morality, spirituality and ideology is far stronger than thousands of missiles and planes. Leaders should, therefore, pay attention to their behavior and set a good example to their nations.” Acknowledging the help of several countries in Venezuela`s advancement, Chavez said that Iran was at the top of the list with its transfer of technology. Chavez has paid four visits to Iran so far in his six-year term as president. Iran and Venezuela, during their third Joint Economic Commission session last month, signed 21 documents for cooperation in various fields including gas, petrochemicals, aluminium, brick manufacture and construction of a second Iranian cement plant in Venezuela. The session was held in Caracas attended by Iranian Minister of Industries and Mines Ali-Reza Tahmasbi and Venezuelan Minister of Basic Industry and Mining Victor Alvarez on December 1-2. Tehran and Caracas have signed nearly 50 documents for cooperation since 2004. Iran-Venezuela joint ventures are currently valued at some 850 million dollars.