Sunday, April 4, 2010

The contracts with Venezuela will support the economy of Russia.


The contracts with Venezuela is an investment in the Russian economy, said a source in the delegation of Russia, who accompanied Prime Minister Vladimir Putin on his trip to Caracas. A spokesman for Prime Minister Dmitry Peskov told reporters that Putin returned to Moscow on Saturday night from Venezuela, which he attended on a working visit. A source in the Russian delegation, summing up the trip, told reporters that "the agreements reached in Caracas, it is difficult to overestimate." "The main thing - not digital calculation of signed documents, the main thing - their practical significance for Russian-Venezuelan relations and the domestic economy", - he said. He noted the importance of the signed documents on the work of the consortium of Russian oil field Junin-6 "in Venezuela. "The consortium has access to the holy of holies - the largest oil reserves in the world. This project is designed for many years to come, for decades, and he pulls a series of related projects - the construction of an oil refinery (Venezuelan high-sulfur crude oil and requires treatment), petroleum coke remaining after cleaning, will be used for new generating capacity, which will also be built in Venezuela, "- said the source. He also noted that the consortium paid for the so-called "ticket" in the amount of a billion dollars, which is the usual international practice in such projects. "Six hundred million of this billion were paid during the visit, and Vladimir Putin handed over payment order, the remaining 400 (million) will be paid before the end of the year", - said the source. He noted that Venezuela received funds allow her to place orders for the Russian defense industry enterprises to purchase weapons, which leads to the loading of the enterprises themselves, secure jobs, the development of the technological base of the Russian defense. The source said that the Russian side also agreed to Venezuela's credit line in 2,2 billion dollars. "As soon as Venezuela would be ready to use it, it will also be able to send these funds for the purchase of Russian weapons, which, in turn, will give effect to the enterprises of the Russian defense industry" - he said. The source noted, and a contract to supply to Venezuela 2,25 thousands of Russian Car "Lada". "This is a good agreement that will allow us to realize domestic production in a while domestic demand continues to set," - he said. Member of the delegation also recalled that in the near future in Venezuela will be deployed assembly plants Russian car KAMAZ and AvtoVAZ. According to him, it is also good support for domestic industries. "By investing in Venezuelan projects, we invest in the future of our bilateral relations and, importantly, we simultaneously invest in support of the Russian economy", - concluded the source in the Russian delegation.

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