MOSCOW, June 22 (RIA Novosti) - Venezuela is set to
finalize the details of setting up a joint bank with Russia,
Latin America's Telesur TV said on Monday citing the Venezuelan
Moscow and Caracas agreed in November 2008 to establish a
joint bank. Speaking on Sunday in his television program, Hello
President, Hugo Chavez said the president of the Banco del
Tesoro, Cesar Giral, had left for Russia to discuss the
proposal in detail.
"Giral has left for Russia, because a document will be
drafted there that could be decisive in the development of the
Russian-Venezuelan bank," Chavez said.
Last week Chavez said Venezuelan Executive Vice President
Ramon Carrizalez would also travel to Russia and Belarus to
pass letters to his Russian and Belarusian counterparts.
Venezuela's ABN news agency reported that Carrizalez had
already arrived in Moscow, where he is expected to hold a
number of meetings to discuss bilateral cooperation between the