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Igor Sechin's visit to Venezuela · 2008-11-06 13:59

Russian Deputy Prime Minister Igor Sechin, news.made.ru Russian Deputy Prime Minister Igor Sechin is leading the delegation, which is due to arrive in Caracas on Thursday to discuss energy cooperation and preparations for President Dmitry Medvedev’s possible visit to Venezuela in late November.

The delegation consists of around 60 businessmen, which will be taking part in Russian-Venezuelan intergovernmental commission meetings on November 6-7.

Cooperation between Venezuela’s state oil and natural gas company Petroleos de Venezuela and Russia’s largest energy companies, as well as a project to establish a joint development bank, are expected to be on the agenda.

Igor Sechin, who visited Venezuela in mid-September, will continue talks on the establishment of a Russia-Venezuela oil and gas consortium.

Venezuelan President Hugo Chavez said earlier that Sechin’s visit would pave the way for the arrival of Russian President Dmitry Medvedev in Venezuela.

Hugo Chavez first announced Medvedev’s "strategic" visit to Venezuela on October 10. Russian presidential spokeswoman Natalya Timakova has said Dmitry Medvedev could stop off in some Latin American countries as part of his trip to Lima, Peru for the APEC summit on November 22-23, RIA Novosti informs.

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