October 29, 2004
Venezuelan President to visit Russia

(Xinhuanet reproduced by www.chinaview.cn) - "Venezuelan President Hugo Chávez will travel to Russia late next month to sign a series of agreements, an official said. Venezuelan ambassador Carlos Mendoza told the El Nacional newspaper that Chávez will sign with his Russian counterpart, Vladimir Putin,an agreement on energy sector investment. Both countries are among the world's major oil producers.

Agreements on the protection of investments and cooperation on the fight against terrorism will also be inked. Chávez would also discuss the purchase of transport and militar helicopters from Russia and Russia's interest in launching Venezuela's first satellite.

The Venezuelan government has given positive evaluation of Russia's proposal to form a bloc of natural gas-exporting countries, which is aimed at creating mechanisms of cooperation to prevent a violent drop in prices as a consequence of uncontrolled competition, said Mendoza"





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