100 Años
Daily News > News
Vote
[an error occurred while processing this directive]



Russia, top arms supplier in Latin America thanks to sales to Venezuela

President Hugo Chávez has bought Sukhoi fighter jets from Russia several times (File photo: AFP)

Politics
The International Institute for Strategic Studies (IISS), a British research institute focusing on international security, said on Wednesday that Russia has become the main exporter of weapons to Latin America thanks to the purchases made by Venezuela in the past year.

The increase is partly due to the restrictions on arms sales imposed by the United States, traditionally the main supplier of arms to the region, on several countries, including Venezuela. The US considers that those countries are not cooperating enough to fight terrorism.

However, two of the countries with the largest defense budgets, Colombia and Mexico, remain faithful to US military arms, while other countries have "diversified suppliers."

The report says that Russia, which was the world's second largest arms supplier in 2008, has signed military agreements with Venezuela, Peru, Brazil, Mexico and Colombia.

Venezuela, which in 2007 became the second largest buyer of Russian weapons, bought in recent years military equipment worth USD 4 billion, said the report.


On the Cover

Venezuelan government gives aid to farmers hit by rains

02:57 PM. HEAVY RAINS. Venezuelan Executive Vice-President Elias Jaua reported that the government is designing plans to support farmers, cattlemen and peasants of the state of Mérida who have been hit by heavy rains that have caused crop losses.

 Ranking
  •  Read