The Russian government fulfilled a contract for the supply of 24 Su-24MK2 fighters to Venezuela, reported on Friday Alexei Fiodorov, the president of Russian state company United Aerospace Corporation.

"We have completed the provision of fighter jets to Venezuela," Fiodorov told reporters in reference to a contract signed by Moscow and Caracas on July 2006, unofficially valued at USD 1.5 billion, according to the Interfax agency.

Fiodorov said that another sales agreement for Su-30 fighter jets to Malaysia, worth USD 920 million, was about to be fulfilled.

The Russian official said that through the end of the year, the company will deliver to India the first of the 16 MiG-29MK jets (14 fighter jets and two training jets).