| July 2006 |
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Venezuela's president praised Friday prospects of cooperation with Russia, mainly in the energy sphere. 
Russia's defense minister said Friday there was no political or diplomatic resolution for the Middle East flare-up in sight yet. 
Russia has signed a contract on supplies of military planes and helicopters to Venezuela worth over $1 billion, the defense minister said Friday. 
Georgia's foreign minister said the president had pulled out of an informal CIS summit in Moscow Friday because a separate meeting with the Russian leader was impossible. 
World No. 2 steelmaker Arcelor has paid Severstal 140 million euros (about $180 mln) in compensation for a merger that fell through, Russia's No. 1 steelmaker said Friday. 
A Russian deputy foreign minister's visit to Lebanon slated for Friday will not take place, a diplomatic source in Beirut said. 
Georgia is hoping for a meeting between its president and Russian leader Vladimir Putin even though Mikheil Saakashvili pulled out of an unofficial CIS summit in Moscow, a deputy foreign minister said Friday. 



