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Russia delegation to discuss Medvedev's Venezuela visit in Caracas

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A Russian delegation is to arrive in Caracas on Monday to discuss preparations for President Dmitry Medvedev's visit to Venezuela in late November, Venezuelan President Hugo Chavez said on Saturday.
MEXICO, November 1 (RIA Novosti) - A Russian delegation is to arrive in Caracas on Monday to discuss preparations for President Dmitry Medvedev's visit to Venezuela in late November, Venezuelan President Hugo Chavez said on Saturday.

The delegation will be led by Russian Deputy Prime Minister Igor Sechin, who also oversees fuel and energy matters,

Chavez said Sechin would also discuss cooperation between Venezuelan oil corporation Petroleos de Venezuela (PDVSA) and Russia's LUKoil company, as well as the creation of a Russian-Venezuelan development bank.

"These two subjects are of strategic importance for us," Chavez said.

Sechin will be accompanied by about 60 Russian businessmen on his three-day visit to Venezuela.

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