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Monday, June 07, 2010

Venezuela to spend $82 million on Chinese K-8 jets

K-8 KarakorumVenezuela will spend $82 million on a second batch of Chinese K-8 military training aircraft, President Hugo Chavez said on Sunday.

Chavez's socialist government has ordered 18 of the light attack and training planes from China, and the Latin American country received the first six jets in March.

"We have approved $82 million for the second batch of Chinese-made K-8 jets. The aircraft are for the security and defense of the country," the Venezuelan president said during his regular television program.

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