Venezuela is Spain's main buyer of weapons
Venezuela's arms purchase accounted for USD 217.54 million from January-June, 26.5% of Spain's arms exports
From January-June, Hugo Chávez's Government purchased USD 217.54 million in arms, which is 26.5% of the total amount of arms exports reported by Spain, according to a document presented by the Economy Ministry to the Congress this week, AP cited.
The purchase mostly entails the acquisition of the last military vessel (out of eight) ordered by Venezuela to Spanish ship maker Navantia.
According to inner surveys performed by the Venezuelan Association of Metallurgical and Mining Industries (AIMM), where 160 metallurgic companies were taken into consideration, 90% of the companies members of this association are "distressed because of their existence or survival in the short term," stated Manuel Eseverri, president of this association.