Russia has agreed to lend Venezuela over $2bn (£1.2bn) to buy weapons, President Hugo Chavez has said.
The credit will be used to purchase nearly 100 tanks and a series of anti-aircraft rocket systems from Russia.
In his weekly TV address, Mr Chavez said the weapons were intended to boost Venezuela's defensive capacity.
The deal comes as tensions grow between Venezuela and Colombia over Bogota's plan to allow the US access to several military bases there.
Colombia says the US forces will help in the war against drugs and left-wing guerrillas, and will not destabilise the region.
PUTIN AND CHAVEZ ARE MENACES TO DEMOCRACY AND LIBERTY.
OBAMA'S WEAKNESS IS ALLOWING ALL THIS TO HAPPEN.
JUST LIKE UNDER CARTER, WHEN THE USDA IS SEEN AS WEAK OUR ENEMIES BECOME MORE DARING.
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