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Venezuela and Spain Seal Military Deal

Maritime Activity Reports, Inc.

December 1, 2005

Spain and Venezuela signed $2 billion arms deal in which Madrid agreed to supply Caracas with 12 transport planes and eight navy patrol boats. Venezuela's Defense Minister Admiral Orlando Maniglia and Spanish Defense Minister José Bono signed the deal at a ceremony, according to reports. It is said that U.S. officials in Venezuela have asked Spain not to go ahead with the deal saying the planes and ships contain U.S. technology and therefore require a U.S. export license. Spanish authorities said the deal was conducted legally. Source: Venezuelanalysis.com and Science Daily

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