Published: Monday, 14 Sep 2009 | 6:42 AM ET
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By: Reuters
Russia has agreed to lend Venezuela over $2 billion to purchase tanks and advanced anti-aircraft missiles in deals that show Moscow's commitment to working closely with Washington-foe President Hugo Chavez.
Chavez said Sunday the purchases agreed upon on a trip to Moscow last week included 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 U.S. and Israeli concerns they will be used to defend Iran's nuclear installations.