Saturday, April 05, 2008

Russia to sell three submarines to Venezuela

Russia expects to sell at least three submarines to Venezuela in a deal to be inked when President Hugo Chávez visits next month, Russian news media reported Friday.

The Interfax news agency and the daily Kommersant cited unnamed military-industrial officials as saying that the subs would be diesel-electric models, of the Varshavyanka class.

''As of today, work to prepare the contract has practically been completed. The contract's signing will likely be timed with the visit of . . . Chávez to Moscow, which is expected in May,'' the official was quoted by Interfax as saying.

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