US may still block Spain's arms deal with Caracas

25th November 2005, Comments 0 comments

29 November 2005, CARACAS - Washington was "analysing" weapons involved in a controversial arms deal between Spain and Venezuela.

29 November 2005

CARACAS - Washington was "analysing" weapons involved in a controversial arms deal between Spain and Venezuela.

Th US, which objects to the deal, could still try to block the deal if it includes American-made components.

Spanish defence minister Jose Bono was finalising details of the deal in Caracas on Monday.

Despite criticism from the United States over the deal with Venezuela, Spain has said it should not harm relations with Washington because it's a deal "between companies".

The US has threatened not to authorize the sale of the Spanish-made equipment because it contains US technology to which Venezuela could gain access.

The agreement involves the sale of 12 aircraft and eight frigates built by Spain's EADS-CASA and Navantia groups at a cost of EUR 1.7 billion (USD 1.87 bn).

Last week, US ambassador to Spain, Eduardo Aguirre, said: "In the long run, we hope the sale won't go ahead."

Aguirre said his country is concerned the sheer size of the purchase will prove "a destabilizing factor in that region".

Regarding the deal, Bono said his country will work out "everything that benefits Spain and the interests of its industry" with "transparency and clarity".

[Copyright EFE with Expatica]

Subject: Spanish news

0 Comments To This Article