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22-07-2008, 02:46 PM

Chavez Goes Weapons Shopping in Russia Amid Arms Race (Update2)

By Matthew Walter

July 21 (Bloomberg) -- Venezuelan President Hugo Chavez heads to Moscow today to shop for air defense systems, submarines and other weaponry as Latin America's arms race quickens amid signs that his regional influence is waning.

Past Venezuelan arms purchases from Russia have strengthened ties with Moscow as its rivalry with the U.S. intensifies over President George W. Bush's plans for an Eastern Europe missile defense system and other issues. Chavez, 53, also plans to visit Belarus, a Russian ally that the U.S. considers a dictatorship.

Chavez ``regularly refers to us as an `empire,' opposes our initiatives in the Americas and seeks out our adversaries as friends and allies,'' Assistant U.S. Secretary for Western Hemisphere Affairs Thomas Shannon said July 17 in testimony to a congressional committee.

Chavez will order $2 billion worth of weapons, including Project 636 diesel subs, Mi-28 combat helicopters and airplanes made by Ilyushin Co., the Russian newspaper Kommersant reported May 12, without saying how it obtained the information. The Russian Interfax news service, citing an unnamed defense ministry official, said today Chavez may order $1 billion of weapons, including three Varshavyanka subs and up to 20 Tor-M1 air-defense systems.

Continued here:

Bloomberg.com: Exclusive

Now, if the latin lot start muscling in on the agression, watch the oil price go!

22-07-2008, 02:46 PM	#204 (permalink)
bkkandrew Guest Posts: n/a	As if it wasn't bad enough with the Mad Mullahs aiming rockets around! Chavez Goes Weapons Shopping in Russia Amid Arms Race (Update2) By Matthew Walter July 21 (Bloomberg) -- Venezuelan President Hugo Chavez heads to Moscow today to shop for air defense systems, submarines and other weaponry as Latin America's arms race quickens amid signs that his regional influence is waning. Past Venezuelan arms purchases from Russia have strengthened ties with Moscow as its rivalry with the U.S. intensifies over President George W. Bush's plans for an Eastern Europe missile defense system and other issues. Chavez, 53, also plans to visit Belarus, a Russian ally that the U.S. considers a dictatorship. Chavez ``regularly refers to us as an `empire,' opposes our initiatives in the Americas and seeks out our adversaries as friends and allies,'' Assistant U.S. Secretary for Western Hemisphere Affairs Thomas Shannon said July 17 in testimony to a congressional committee. Chavez will order $2 billion worth of weapons, including Project 636 diesel subs, Mi-28 combat helicopters and airplanes made by Ilyushin Co., the Russian newspaper Kommersant reported May 12, without saying how it obtained the information. The Russian Interfax news service, citing an unnamed defense ministry official, said today Chavez may order $1 billion of weapons, including three Varshavyanka subs and up to 20 Tor-M1 air-defense systems. Continued here: Bloomberg.com: Exclusive Now, if the latin lot start muscling in on the agression, watch the oil price go!