Rekjalhew

July 7, 2006

Hugo Chavez Cutting Oil for Arms Deal with Kim Jong-Il

by @ 1:47 am. Filed under Terrorism and War

Hey maybe Pat Robertson was right? (And no I’m not a big Pat Robertson fan, but it looks like his warnings about Chavez were on point!)

Venezuela’s Chavez planning arms-for-oil trip to N. Korea

North Korea and Venezuela are discussing a strategic alliance motivated by a common goal — expanding anti-American forces.

During Venezuelan President Hugo Chavez’s meeting with North Korean leader Kim Jong-Il in late July, the two countries are also expected to craft an oil-for-arms deal.

Venezuela’s leader is most likely to fly to Pyongyang at the end of July on the occasion of his planned trip to Russia on July 25. Chavez told reporters that he plans to discuss science and technology cooperation with the North.

Analysts in Seoul say Kim and Chavez would mainly discuss forming a “strategic alliance” against the United States.

He has aggressively supported Iran’s efforts to develop nuclear technology and has helped undermine the U.S. embargo of Cuba by increasing trade and providing oil to the communist island on favorable terms.

During the planned summit, Venezuela, the world’s fifth-largest oil-rich country, is expected to offer energy resources to North Korea, which suffers from energy shortages after the United States halted heavy oil supplies following the North’s admission of nuclear weapons programs.

In return, North Korea can offer conventional weapons and missiles to Venezuela, which is looking to fortify its military power.

And who knows how long before North Korea will be able to supply other nations with nukes!

As I’ve said before, I expect nothing to be done about this.



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