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Petro-dollars for guns, fighter jets, helicopters, submarines--and possibly a rotating seat on the UN Security Council. That's the plan behind Venezuelan President Hugo Chavez' July-August whirlwind tour of Russia, Belarus, Iran, Vietnam, and Mali. Communist North Korea was also on the agenda, reportedly, until Chavez' advisers convinced him that current international concerns over North Korea's nuclear weapons and its recent belligerent actions might make a visit there counterproductive.
Chavez, who has been aptly described as "a younger Fidel Castro--with oil," reportedly signed a $1 billion arms deal with Russia that includes 30 Russian Sukhoi Su-30 fighter jets, 30 military helicopters, 100,000 Kalashnikov assault rifles, a license to build a Kalashnikov factory in Venezuela, and maybe a ...
Source: HighBeam Research, Hugo Chavez: friendship tour & arms deals.(president of Venezuela)