Ambassador Vladmir Zaemskiy told a news conference on Monday that Russian engineers and Venezuelan construction firms were building the rifle and cartridge plants which, when operational, would employ more than 1,500 workers.He gave no completion date for the plants under construction in the central state of Aragua.
Details about Moscow’s military shipments and projects have been scarce since socialist President Hugo Chavez’s government began signing military agreements with Russia back in 2001.
In recent years, Venezuela has bought over $4 billion in weapons from Russia, including 24 Sukhoi fighter jets. Critics say Caracas is fueling an arms race in Latin America. Chavez says he is modernizing the military for defensive purposes.
When Chavez he returned from his latest trip to Russia in September, he said Russia had agreed to lend Venezuela $2.2 billion to purchase 92 tanks and an S-300 missile system that can shoot down fighter jets and cruise missiles.
Two years ago, Russia agreed to sell the same S-300 system to Iran but has dragged its feet over delivering the weapons amid US and Israeli concerns they will be used to defend Iran’s nuclear installations.
