Bolivian Defense Minister Wálker San Miguel announced that the military aid from Venezuela under an agreement entered into by the governments of both nations last May will be postponed until 2007.

The minister told Bolivian daily La Razón that the postponement was due to the election next December, where Venezuelan President Hugo Chávez is running for re-election, Efe quoted.

The agreement executed by Chávez and Bolivian President Evo Morales provides for construction of a river port and a quarter, both on the Brazilian-Bolivian border.

The fluvial terminal at Quijarro port, over river Paraguay, near the Paraguayan-Bolivian border, will be used for export of goods, particularly soy and oil. The quarter in the city of Riberalta will be used for interdiction of weapons, drugs and natural resources, San Miguel explained.