Russian News  
MILPLEX
Russia grants Venezuela billion dollars to buy arms

by Staff Writers
 Moscow (AFP) Sept 25, 2008
 Russia is lending one billion dollars (682 million euros) to Venezuela to buy Russian arms, the Kremlin said Thursday, ahead of a visit by Venezuelan President Hugo Chavez.

"Russia has taken the decision to grant Venezuela a credit of one billion dollars for implementing programmes in the field of military-technical cooperation," it said in a statement, using diplomatic jargon for arms sales.

Venezuela has been asking for the loan for months, according to Russian media reports.

The Kremlin said Venezuela has signed 12 arms contracts with Russia since 2005 for a total value of 4.4 billion dollars (three billion euros).

Venezuela -- which in the past has bought Russian fighter jets, tanks and assault rifles -- wants to buy anti-aircraft systems, armoured personnel carriers and more combat aircraft, the Kommersant newspaper has reported.

Chavez is due to meet Prime Minister Vladimir Putin later Thursday, then hold talks with President Dmitry Medvedev in the Urals Mountains city of Orenburg on Friday on his third visit to Russia since June 2007.

Community
 Email This Article
 Comment On This Article
Share This Article With Planet Earth
del.icio.usdel.icio.us DiggDigg RedditReddit
YahooMyWebYahooMyWeb GoogleGoogle FacebookFacebook



Related Links
 The Military Industrial Complex at SpaceWar.com
Learn about the Superpowers of the 21st Century at SpaceWar.com

MILPLEX
US Army: More Money, Less Troops Part One
 Washington (UPI) Sep 24, 2008
Since early 2001 the U.S. Army has received $191 billion more than was anticipated for the period 2001-2009.







SUPERPOWERS
  • The Coming War Might Be A Hot One Part Four
  • Russian warships ready for trip to Venezuela: officials
  • The Coming War Might Be A Hot One Part Three
  • NATO says may boost defence amid Russian chill

    • NUKEWARS
  • Israel's Peres says Ahmadinejad 'taking world for a fool'
  • US seems at a loss over NKorean nuclear defiance
  • NKorea nuke talks may be close to breakdown: SKorea
  • Israel wanted to bomb Iran this year, US said no: report

    • INDIA NEWS
  • Bangalore To Host India's Maiden Space Exposition
  • Chandrayaan-I Passes Critical Endurance Test
  • National Remote Sensing Agency Becomes An ISRO Centre
  • Analysis: Revolt in India rebel group ULFA

    • SINO DAILY
  • As China milk scandal grows, leadership escapes blame
  • Chinese armchairs linked to French eczema outbreak
  • Tainted milk sickens 6,000 babies in China
  • Former China investment banker loses death sentence appeal

    • ENERGY TECH
  • Environment-friendly products output to double: UN
  • Mexico cuts crude output due to Ike damage on US refineries
  • Analysis: A cold winter in Central Asia
  • Outside View: Chavez on oil tour

    • STATION NEWS
  • Russia's Space Agency Confirms 18th ISS Expedition
  • The US Has No Option But To Use Russia's Soyuz Craft
  • Resupply spacecraft docks with International Space Station
  • Hurricane Ike's impact felt at International Space Station: NASA

    • MILITARY COMMUNICATIONS
  • The Modern Airborne Military Communications Market
  • Boeing Ships Software-Defined FAB-T Radio Prototype
  • DataPath Wins Suppport Contract For US CENTCOM SatComm Hubs
  • Satellite's Data Collection Will Support Warfighter

    • MILTECH
  • EADS announces delay in first flight of A400M military plane
  • Holographic Research Could Enhance Aircraft Antennas
  • Tinker Officials Adapt Sniper Pod For B-1Bs
  • Sikorsky To Provide Aerial Refueling Capability For H-60 Helicopters

    • The content herein, unless otherwise known to be public domain, are Copyright 1995-2007 - SpaceDaily.AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement