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Caribbean-Latin America
Venezuela, Spain negotiate new arms deal
2010-10-09
Spanish newspaper El Mundo said that the Venezuelan and Spanish governments are negotiating "an important Navy contract to increase the purchase orders of state-run shipyards and the revenues of the Spanish company Navantia."

This negotiation is carried out despite a recent impasse between the two countries following the confession of two ETA members arrested in Spain.

According to El Mundo, the government of President Hugo Chávez is "willing to negotiate, but it has proposed that the two countries join efforts in the shipbuilding industry and has requested technology transfer to renew its Navy and upgrade its shipyards"
The usual demand of a backward state ...
"The president of the state-run company Navantia told local reporters that it has submitted a bid to Venezuela to extend the 2005 huge agreement. Reference is made to the controversial order under then Defense Minister José Bono to manufacture in Spanish public shipyards four ocean surveillance ships and four coastal surveillance boats for Venezuela. The deal was valued at 1.2 billion euros and represented a key workload for Navantia and its auxiliary industries of five million hours," the newspaper added.
Posted by:Steve White

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