The leaders of Iran and Venezuela hailed what they called their strong strategic relationship on Wednesday, saying they are united in efforts to establish a "new world order" that will eliminate Western dominance over global affairs.

Both presidents denounced U.S. "imperialism" and said their opponents will not be able to impede cooperation between Iran and Venezuela.

Iran's state TV quoted both Ahmadinejad and Chavez as calling their relationship a "strategic alliance" that would eliminate the current global order.

"Iran and Venezuela are united to establish a new world order based on humanity and justice," Ahmadinejad said, repeating his predictions that those who today seek "world domination are on the verge of collapse."

Chavez said this is a time of "great threats" that make its necessary to swiftly "consolidate strategic alliances in political, economic, technological, energy and social areas," according to the state-run Venezuelan News Agency.

"Imperialism has entered a decisive phase of decline and ... is headed, like elephants, to its graveyard," Chavez said, according to the Venezuelan state news agency.

Chavez also has plans to develop a nuclear energy program in Venezuela and last week signed an agreement for Russia to help build a reactor.