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Venezuela, Russia discuss 46 cooperation projects
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13:10, November 07, 2008

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Venezuela and Russia discussed 46 cooperation agreements during the 5th High Level Intergovernmental Commission held here Thursday.

Venezuelan Vice President Ramon Carrizales and Russian Deputy Prime Minister Igor Sechin attended the meeting, which reviewed a series of initiatives to be signed by Venezuelan President Hugo Chavez and Russian President Dimitri Medvedev later this month.

Venezuelan Foreign Minister Nicolas Maduro said after the meeting that "the unipolar world is collapsing and finishing in all aspects, and the alliance with Russia is part of that effort to build a multipolar world."

Projects being discussed include, among others, the creation of a bi-national investment bank, the opening of a direct air route between Caracas and Moscow, the building of an aluminum plant, the construction of a gas platform off the Venezuela coast, plans for automobile production, and Venezuela's acquisition of Russian planes and ships.

The two countries also reached agreements on the development of outer space and the use of nuclear energy. Maduro said the two countries "will develop all what has to do with technology and satellite in the space," and will continue to work at using nuclear energy with peaceful means to generate alternative energy.

Sechin arrived in Venezuela Wednesday to prepare a third meeting within five months between the presidents of the two countries. During the first two occasions in July and September, President Chavez traveled to Russia.


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