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Venezuela in Deal for Russian Tanks, Guns



President Hugo Chavez said Venezuela would purchase dozens of Russian tanks, in a move signaling growing military ties between the two countries that have frequently clashed with Washington.

"It will be a major arms agreement to increase our defense capability," the Venezuelan leader told reporters, noting that he hoped to ink other agreements on agriculture, oil and mining during his visit to Moscow in mid-September.

Between 2005 and 2007, Moscow and Caracas signed 12 arms deals worth a total 4.4 billion dollars. Venezuela has acquired 24 Sukhoi fighter planes, 50 combat helicopters and 100,000 Kalashnikov assault rifles. In 2008, it secured a one-billion-dollar loan for the purchase of new weaponry.

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