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On 27 July 2006, Hugo Chávez and Russian president Vladimir Putin announced an agreement in Moscow which enabled the import of military equipment from Russia to Venezuela. [71] In October 2010, Chavez visited Russia where he signed a deal to build Venezuela's first nuclear power plant.
Russia–Venezuela relations include cooperation between Russia and Venezuela in areas of common concern, such as their common status as oil exporters, and policy toward the United States. [1] Venezuela is Russia's most important trading and military ally in Latin America. [2] Russia recognizes Nicolás Maduro as the president of Venezuela ...
Critics have also accused Chavez of letting loyalists run PDVSA instead of those qualified for the positions [18] since the company only hires political supporters of the president. [8] In 2013, PDVSA took more than US$10 billion in loans from China and Russia due to an alleged lack of hard currency and had a financial debt of US$39.2 billion. [19]
For his part, Chávez was determined to prove that the world had drawn the wrong lesson from the collapse of Eastern European communism; Chávez believed that Castro, who he referred to as a ...
During the 2019 Venezuelan presidential crisis, AP News reported that "familiar geopolitical sides" had formed, with allies Russia, China, Iran, Turkey, Syria, and Cuba supporting Maduro, and the US, Canada, and most of Western Europe supporting Juan Guaidó as interim president. [ 1][ 2] Amid widespread condemnation, [ 3][ 4][ 5] President ...
e. The Venezuelan coup attempt of February 1992 was an attempt to seize control of the government of Venezuela by the Hugo Chávez -led Revolutionary Bolivarian Movement-200 (MBR-200) that took place on 4 February 1992. [3] The coup was directed against President Carlos Andrés Pérez and occurred in a period marked by economic liberalization ...
Since 2 February 1999, Venezuela has seen sweeping and radical shifts in social policy, moving away from the last government's officially embracing a free-market economy and liberalization reform principles and towards income redistribution and social welfare programs. Then- President Hugo Chávez dramatically shifted Venezuela's traditional ...
President Vladimir Putin said on Thursday that the West would be directly fighting with Russia if it allowed Ukraine to strike Russian territory with Western-made long-range missiles, a move he ...