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RIA Novosti

World

Russia to lend Venezuela $4 bln to pay for arms deals

Russia and Venezuela have signed an agreement on a $4 billion loan for the oil-rich Latin American partner to buy Russian weaponry, Venezuelan leader Hugo Chavez said on Thursday.
11:25   07/10/2011  
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    Venezuela-Russia arms deal

    Venezuela plans to increase its defense capability over a possible increase in U.S. military personnel in neighboring Colombia and alleged U.S. plans to invade Venezuela and seize its oil fields.

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