Friday, August 3, 2007

Belarus asks Chávez for help on gas debt

Belarus has turned to Venezuela to help pay back a $456m debt to Russia for gas supplies after Moscow threatened to halve its gas deliveries, Alexander Lukashenko, Belarusan president, said on Thursday....

Belarusan ministers have been in Caracas and several “strategic” industrial agreements reached. These include joint ventures in energy, a plan to develop a gas pipeline for Venezuela and a $500m joint investment fund.

Agencies have also reported that Mr Chávez intends to buy up to $1bn in arms from Belarus.

From the Financial Times

Belarus and Venezuela share " absolutely identical" views on international affairs, which "is a reliable basis for close cooperation and mutual support in the international arena," Belarus President Alexander Lukashenko said in Minsk on Friday.

From data.minsk