There are fears there will soon be a second world missile crisis after it was reported that Iran, who are fierce enemies of Israel, are due to build a mid-range rocket base in Venezuela. According to German paper Die Welt Iran have bought launch pads on the Paraguana Peninsula, and the Middle East countrys engineers visited the site in February. As well as the Israelis, it will concern the West, who will be reminded of the 1962 Cuban Missile Crisis when the Soviet Union teamed up with the South American country against America. Now Western and Israeli forces will be on alert again, with the reports that Iran, who have a troubled relationship with America, in particular, have been given the nod to build missile bases in South America. Relations with the West have soured further after the killing of Osama Bin Laden at the start of this month in a U.S. raid in Pakistan. Venezuelan President Hugo Chavez is known to have good relations with Iran, and his country are Teherans most important South American ally. According to the Jerusalem Post Iran will build intermediate-range missile launch pads on the Paraguana Peninsula, located roughly 120km from Americas main South American ally, Columbia. Engineers from Khatam al-Anbia construction company scoped out the site earlier this year. The head of Irans Revolutionary Guard Air Force, Amir al-Hadschisadeh, was present, Die Welt who cited information from 'Western security insiders reported. In a dual partnership between Venezuela and Iran, the rocket bases will include measures to prevent air attacks on the South American country as well as commando and control stations. The Iranian military will also build bunkers, barracks and oversea tower construction, as well as 20-metre deep rocket silos. According to the German paper, the cost of the Venezuelan military project will be paid for with Iranian oil revenue. In order to grease the wheels of the venture, the Iranians paid in cash for the preliminary phase and, the total cost is expected to come to 'dozens of millions of dollars, say Die Welt. The German publication said that the secret agreement between Venezuela and Iran would allow the Chavez government to fire rockets at Irans enemies, should the Islamic Republic face military strikes. In recent years Iran President Mahmoud Ahmadinejad is thought to have been building a nuclear arsenal, and has on occasion shown his countrys capability, firing rockets into the sea. (The EU Times)