Chavez met with Argentine President Nestor Kirchner after signaling Venezuela plans to acquire up to $1 billion in Argentine bonds in installments – the latest in a series of deals cementing ties between the allies.
“This is an important deal, highly important for our political and geopolitical ties,” Chavez said.
He later joined Kirchner for a televised ceremony at the Government House in Buenos Aires in which the leaders agreed to a “treaty on energy security.”
The agreement calls for cooperation on energy initiatives including the supply and distribution of natural gas through pipelines, joint oil refining projects and coordinated efforts on distributing power and alternative fuels.
Source: miamiherald.com
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