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Edition: U.S. Article Comments (0) Save Email Print Reprints Most Popular Most Shared Att'y general failed to give legal briefs to Senate 12 Mar 2010 U.S. setting bad example on protectionism - Sarkozy 12 Mar 2010 Netanyahu's position is "perilous": U.S. official | Video 1:25pm EST U.S. FCC releases Internet speed test tool 11 Mar 2010 Google "99.9 pct" sure to shut China search engine: report 5:34am EST Att'y general failed to give legal briefs to Senate 12 Mar 2010 UPDATE 1-US court rules again against vaccine-autism claims 12 Mar 2010 Karzai calls on Taliban to stop attacking schools 06 Mar 2010 Nurses' union: Care does not include sex 11 Mar 2010 Google "99.9 pct" sure to shut China search engine: report 5:34am EST China delivers Venezuela jets for anti-drugs fight CARACAS Sat Mar 13, 2010 2:14pm EST CARACAS (Reuters) - Venezuela on Saturday tested six training and light attack jets bought from China for defense and anti-drugs flights in a deal that dodges an embargo banning sales of U.S. weapons parts to oil exporter Venezuela. World | China President Hugo Chavez ordered a total of 18 K-8 jets built by China after a plan to buy similar jets from Brazil's Embraer fell through, apparently because they include U.S. electrical systems. "Thank you, China. The empire wanted to leave us unarmed. Socialist China, revolutionary China appeared and here are our K-8 planes," he said during a televised display of the jets' capabilities. Officials at the ceremony said the versatile jets will be used to train pilots and intercept drug traffickers who use Venezuela as a stop off point to take Colombian cocaine to the United States, Europe and Africa. Washington accuses the socialist Chavez, a close ally of Cuba and Iran, of starting an arms race in South America, where several nations have beefed-up their military in the last few years. Tensions with neighbor Colombia over U.S. access to military bases there and accusations that Chavez supports FARC guerrillas have raised concerns of a violent incident between the two countries. Colombia is the region's biggest military spender as a proportion of GDP because of its civil war with the leftist rebels. OPEC member Venezuela has also bought a network of 10 radars from China and has spent about $4 billion on Russian weapons including fighter jets to replace F-16 planes that are rusting away because of the U.S. embargo, which started in 2006. Chavez says he is simply modernizing Venezuela's armed forces. "With God's help, Venezuela is going to be a socialist power," Chavez said, adding that remaining K-8s were due this year. "We need to be well equipped and trained ... to protect our skies, our soil, our territory, which has one of the world's biggest riches of water, oil, energy and gas." He said Venezuela had taken delivery of a navy patrol boat from Spain a few days ago and said the first of a batch of 92 Russian T-72 tanks ordered last year would arrive "soon." Unofficial reports say the Russian deal is worth up to $4 billion and may include S-300V air defense systems, Smerch multiple-launch rockets and howitzers. (Reporting by Eyanir Chinea; Writing by Frank Jack Daniel; Editing by Jackie Frank) World China Add a Comment More from Reuters Republicans say door open on financial reform WASHINGTON (Reuters) - A bipartisan financial regulation reform bill could still be worked out in the Senate, despite a breakdown in negotiations, key Republicans said in a letter obtained by Reuters on Saturday. Explosions across Afghanistan's Kandahar; 30 dead "Insulted" by Israel, U.S. scrambles to save talks | Video Euro finance ministers to agree on Greek aid: source Obama, Medvedev happy on arms pact: Kremlin Afghanistan eases ban on news coverage of raids » More Top News Top 5 stories of the week It was a big week for the rich and famous: Lindsay Lohan took umbrage at E*Trade's "milkaholic" and Bill Gates lost his reign atop the list of the world's wealthiest people. Full Article The best pictures of the week World © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts.com Buyouts Europe: Buyouts Conferences: Venture Capital Journal EVCJ International Financing Review International Securitisation Report Project Finance International PEhub.com PE Week Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. 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