A defense agreement entered into by Bolivia and Venezuela is not intended to insult or invade anybody, Bolivian President Evo Morales said Friday in reply to the concern voiced by his counterparts of Peru, Paraguay and Chile.

In accordance with an agreement executed last May by Morales and Venezuelan President Hugo Chávez, Venezuela is to sponsor the building of a river port in Puerto Quijarro, to the southeast of Bolivia, bordering Brazil.

The parties are pondering also on a military base in the city of Riberalta and possibly two army deployments at the border with Chile and another one 200 kilometers to the border with Paraguay, AFP disclosed.

"Defense agreements with Argentina, China, Venezuela, any country, between armed forces, are for integration purposes," Morales clarified.