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Wednesday, September 09, 2009

Venezuela to sign deal for 100 Russian tanks

T-72 Main Battle TankRussia and Venezuela are expected to sign a contract on the delivery of at least 100 main battle tanks worth about $500 million to the Latin American country, a Russian defense industry source said on Wednesday.

Venezuelan President Hugo Chavez arrived in Moscow on Wednesday for a two-day visit as part of his 11-day foreign tour and will hold talks with the Russian leadership.

"During the visit, the sides are expected to sign a contract on the delivery of T-72 and T-90 tanks to Venezuela," the source said.

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