LONDON, July 18 (RIA Novosti) - The head of state-owned Sukhoi aircraft manufacturing holding said Tuesday he hoped the talks on the possible sales of Su aircraft to Venezuela would yield positive results.

"We will be speaking later about any concrete results but I believe that they [the results] will be positive," Mikhail Pogosyan said at the 2006 Farnborough International Airshow.

A source in the talks said the two countries had been negotiating the sales of 24 Su-30MK Flanker C air superiority fighters to replace Venezuelan contingent of U.S. F-16 multi-role fighters after Washington imposed an embargo on arms sales to the country.

Venezuelan President Hugo Chavez earlier accused the United States of breaching an agreement to supply parts for Venezuela's F-16s.

Military-technical cooperation between Moscow and Caracas has been increasing since Russia's state-controlled arms exporter Rosoboronexport and the Venezuelan government signed contracts on arms supplies in 2005.