Venezuela is Spain's main buyer of weapons
Venezuela's arms purchase accounted for USD 217.54 million from January-June, 26.5% of Spain's arms exports
From January-June, Hugo Chávez's Government purchased USD 217.54 million in arms, which is 26.5% of the total amount of arms exports reported by Spain, according to a document presented by the Economy Ministry to the Congress this week, AP cited.
The purchase mostly entails the acquisition of the last military vessel (out of eight) ordered by Venezuela to Spanish ship maker Navantia.
Cristian Fonseca, a businessman in La Candelaria district downtown Caracas, was doing the accounts in his small shop office on Sunday December 21, 2008. The Christmas shopping season kept him working late hours into the night. It was around 11 p.m. and his phone rang. A friend broke the bad news to him over the telephone.