Monday, September 14, 2009

Wire: Russia Arming Venezuela

Off the Wire

Off the Wire:

WASHINGTON, Sept. 14, 2009 -- Newswire services today reported that Russia has agreed to lend Venezuela over $2 billion to buy weapons, President Hugo Chavez has said.

The credit will be used to purchase nearly 100 tanks and a series of anti-aircraft rocket systems from Russia, BBC News reported.

In his weekly TV address, Chavez said the weapons were intended to boost Venezuela's defensive capacity.

The deal, BBC News said, comes as tensions grow between Venezuela and Colombia over Bogota's plan to allow the U.S. access to several military bases there.

Colombia says U.S. forces will help in the war against drugs and leftist guerrillas.

(Report from newswire sources.)

Source: Chavez in $2bn Russian arms deal

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