Chavez says Latin America needs Russia

by rahul | September 21, 2008 at 07:31 am
140 views | 2 Recommendations | 1 comment

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Russia and Venezuela agree oil and gas cooperation deal

Russia and Venezuela agree oil and gas cooperation deal

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Prior to his departure from Venezuela to start a new international tour, Venezuelan President Hugo Chavez stated that "Latin America needs strong friendship with Russia to help reduce U.S. influence and keep peace in the region". Such comments were made as the Russian fleet embarked to come to Venezuela for joint military exercises. Brazil has expressed worries over the Russian presence in Latin America and its possible introduction of the local arm market. Brazil has recently announced it would be activating its arm industry with the help of Israeli investment and technology.Thus, Russia presence becomes rather disturbing. Russia has recently signed into a joint gas project with Venezuela.  
 © AP

2008-09-21 14:55:01 - MOSCOW (AP) - Venezuelan President Hugo Chavez said in an interview broadcast Sunday that Latin America needs strong friendship with Russia to help reduce U.S. influence and keep peace in the region.  Venezuela recently hosted a pair of Russian strategic bombers and is preparing to conduct a joint exercise with a Russian Navy squadron. Russian media say Chavez is planning to visit Moscow Friday, his second trip in just over two months.  «Not only Venezuela, but Latin America as a whole, needs friends like Russia now as we are shedding this domination,» Chavez told Russia's Vesti 24 television. «We need Russia for economic and social development, for all-round support, for the life of the peoples of our continent, for peace.  During the Cold War, Latin America became an ideological battleground between the Soviet Union and the United States.  Under Chavez, Venezuela has cultivated close ties with Moscow and placed big orders for Russian jets, helicopters and other weapons. Chavez has repeatedly warned that the U.S. poses a threat to Venezuela.  Russia has signed weapons contracts worth more than US$4 billion (¤2.81 billion) with Venezuela since 2005 to supply Sukhoi fighter jets, Mi-17 helicopters, and 100,000 Kalashnikov assault rifles. Chavez's government is now in talks to buy Russian submarines, air defense systems and armored vehicles and more Sukhoi jets.  Russian and Venezuelan leaders have also talked about boosting cooperation in the energy sphere to create what Chavez has called «a new strategic energy alliance.  
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SOLARLIFE
SOLARLIFE
flagged this story as Good Stuff

at 07:39 on September 21st, 2008

rahul, I like this story. It's good stuff.

This story was created over 3 months ago, the comment thread is now closed.

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First Flagged at 7:39 AM, Sep 21, 2008 by SOLARLIFE
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