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The heads of state discussed topical bilateral and international issues. In particular, the sides analysed in detail the prospects of promoting versatile cooperation in the energy sphere and joint efforts in developing agriculture, science, education, and training personnel.

After the talks Mr Putin and Mr Chavez signed a bilateral statement. The document sealed the intention of both sides to develop a mutually advantageous political dialogue and contribute to the process of disarmament, while preserving and strictly observing the existing international agreements in this field, primarily the ABM Treaty.

The Presidents agreed to jointly work for establishing a new multi-polar and non-violent world order based on the principles of non-interference into internal affairs of other states, equality, sovereignty, peaceful resolution of disputes, non-use of force or threat of its use, territorial integrity and political independence of states.

The Presidents were present at the ceremony of signing inter-governmental documents: an agreement on military-technical cooperation, on cooperation in fighting illegal drug trafficking and a protocol on creating a mechanism of political dialogue and cooperation between Russia and the Andes Community.

Following the Russian-Venezuelan talks Mr Putin and Mr Chavez made a statement for the press and answered the journalists’ questions. The Russian head of state expressed confidence that the current visit by the Venezuelan President to Russia would serve as a powerful boost for the development of political and economic ties between the two countries. Mr Putin stressed that Russia viewed relations with Venezuela as a pivotal element of its Latin American policy.

In his turn, Mr Chavez said that the agreements reached during the talks would open a new page in Russian-Venezuelan relations. In the opinion of the Venezuelan leader, the partnership between our countries is needed in order to build a just world order. Both countries admit the influence of globalisation, both countries believe in democracy, but both Russia and Venezuela emphatically reject the model of a uni-polar world order being imposed on them and would defend their right to move forward in line with a chosen course, Chavez stressed.

Mr Chavez invited Mr Putin to visit Caracas with an official visit.