Despite the United States, having suspended arms sales to Venezuela out of concerns for Venezuela's lack of support for counterterrorism efforts, and despite having removed Libya from the list of nations the U.S. considers to be state sponsors of terrorism -- both in 2006 -- during Venezuelan President Hugo Chavez's visit to Libya on October 22, the two leaders declared that Libya and Venezuela "will come out as steel tigers to face the empire" – namely, the United States.

Venezuelan President Hugo Chavez arrived in Tripoli last month as part of an international tour that took him to Russia, Belarus, Ukraine, Iran, Syria, Algeria and Portugal. During his official visit to Tripoli, he was received by the leader of the Libyan Revolution, Muammar Al Kadhafi; they discussed energy issues, geopolitics and South-South integration.

As reported by the Venezuelan News Agency (AVN), energy sovereignty was one of the main issue of his tour. Venezuela reached new oil agreements with Belarus, Iran and Libya to diversify its oil industry and strengthen the strategic alliance with Europe, Middle East and Africa.

Regarding the economic area, Venezuela came to agreements with Iran, Syria and Libya, and discussed the creation of sea partnerships aimed at strengthening the exports and transportation of oil and other goods. Accords were also signed in Libya destined for Venezuela's agro-industrial development and the creation of an investment fund for $1 billion for joint projects, the starting capital to be placed in equal parts by both countries.

Chavez and Kadhafi also addressed details of the organization of the 3rd South America-Africa Summit to be held in 2011 in Libya. The previous summit, in 2009, was held on the Venezuelan island of Margarita.

From the Libyan and Venezuelan Press:

  • Venezuela creates a $1 billion joint fund with Libya
  • Libyan university awards Chavez "for his contributions to the fight against capitalism and for a better social justice"
  • The Foundation of Afro-Latin American Supporters of Kadhafi
  • Venezuela: Nothing will stop us to build our first nuclear energy reactor; "Venezuela is an independent country that does not obey any empire."
  • Libya and Venezuela will come out as steel tigers to face the empire
  • "Capitalism is the evil that beheads humanity"
  • Chavez honored for his fight in favor of the Palestinian people

November 6, 2010

Venezuela creates a $1 billion joint fund with Libya

Venezuelan President Hugo Chavez says his government is creating a $1 billion joint fund with Libya to pay for projects that the two countries will pursue together.

Chavez announced that plan, in addition to a $100 million joint fund being set up with Syria, as he reviewed results of his latest seven-nation tour in a marathon speech.

Chavez did not give details of how the funds would be spent, but said projects with Syria range from helping to build an oil refinery in the country to setting up a plant for processing olive oil. […] Libyan Investment (Libya)

October 24, 2010

Libyan university awards Chavez "for his contributions to the fight against capitalism and for a better social justice"

The Venezuelan President, Hugo Chavez, was Saturday awarded the degree of Doctor of Economics, Honoris Causa, by the Libyan Academy of Higher Studies, in Janzour, a western suburb of Tripoli, the Libyan capital. The distinction was bestowed on Chavez on the second day of his visit to Libya, "for his contributions to the fight against capitalism and for a better social justice in Venezuela, in Latin America and in the world."

The academy also awarded President Chavez the medal of SATO (the South Atlantic Treaty Organization), a project meant to cement the South-South relationship. […]

Receiving the award, President Chavez said the world was currently experiencing an economic and moral crisis, adding that capitalism was collapsing and that only socialism could save humanity.

Hailing Fidel Castro, the aging former Cuban leader, Che Guevara, Mao Tse Tung, Gamal Abdel Naser and Simon Bolivar -- whom he called models -- Chavez expressed his admiration for the leader Kadhafi and his Green Book (the Third Universal Theory) as well as for direct democracy exerted by the people to solve the political and economic problems faced by humanity.

President Chavez also slammed US President Barack Obama for expressing worry over a deal signed by Venezuela and Russia for the construction of a nuclear station in Caracas, the Venezuelan capital. "This is an act of sovereignty and nobody can prevent my country from endowing itself of high-tech facilities," he said.

Turning to the university which had just honored him, Chavez said the Libyan Academy of Higher Studies was one of the few institutions in the world which could serve in promoting new ideas and saving humanity.

He said that Libya's hosting of the next Africa-South America Summit in 2011 would afford him the opportunity to meet Kadhafi a second time during which, he said, the two countries could seal deals in areas such as energy, industry, culture and information. […] Libya Online (Libya)

October 24, 2010

The Foundation of Afro-Latin American Supporters of Kadhafi

The first meeting of youth and women from Africa and Latin America, organized by the Foundation of Afro-Latin American Supporters of Kadhafi in Libya, began […] in Tripoli. The meeting, the theme of which theme is "Towards the establishment of a South-South partnership," is being attended by participants from Venezuela, Bolivia, Colombia, Cuba, Salvador, Brazil, Argentina, Ecuador, Nicaragua, Eritrea, Congo, Cameroon, Gabon, Djibouti, Guinea, Nigeria, Burkina Faso, Togo, Guinea-Bissau, Benin, Niger, Senegal, Ivory Cost, Chad, DR Congo, South Africa, Angola, Gambia, Mali, Sudan and Mauritania. […] Libya Online (Libya)

October 23, 2010

Venezuela: Nothing will stop us from building our first nuclear energy reactor; "Venezuela is an independent country that does not obey any empire."

The president of the Bolivarian Republic of Venezuela, Hugo Chavez, reaffirmed that "nothing will stop us in the path to step forward the building of our first nuclear energy reactor because it is a right of the Venezuelan people to science and development." President Chavez said the statement at the Academy of Graduate Studies of Tripoli, in Libya, where he received the Honorary Doctorate, mention Science in Humanistic Economics.

Concerning the creation of the first nuclear power station in the country, in alliance with Russia, Chavez reaffirmed that "Venezuela is an independent country that does not obey any empire."

In this connection, he rejected the critics of the United States President, Barack Obama, who said that his Administration will be observing very closely Venezuela's acting.

About the matter, Chavez affirmed: "Venezuela obeys the order of the Venezuelan people, not any empire's."

Libya and Venezuela will come out as steel tigers to face the empire

Also, he stressed that as Libya as Venezuela will come out as steel tigers to face the empire. The Venezuelan President stressed that "insurgent movements and of change do not come from the North to the South anymore. They now come from the South to the North. From the South come out trends that will save the world."

Thus, he referred to humanist economics, basis of the socialism that boosts a social and moral value to settle the needs of the majorities, without discrimination.

"Capitalism is the evil that beheads humanity"

The President reminded [everyone] that capitalism is the evil that beheads humanity "and here is the world today, beheaded. There we have Europe, with a galloping crisis. Europe is obliged to change. There are the FAO figures, which report more than a billion hungry people on the planet, and Haiti endures an epidemic of cholera," he lamented.

"We are in a changing world, which demands many ideas, plenty of science," he said, commiting to maintain a constant communication with Libya by means of his Twitter account @chavezcandanga and by sending his Sunday article The Lines of Chavez.

Regarding the mechanisms to create a pluri-polar world, Chavez stated that in 2011 the next Africa-South America Summit will take place in Libya "because we face the need of preparing the path for the integration among the Latin American peoples with Africa. We must not get tirad, nor surrender," he affirmed. AVN (Venezuela)

October 23, 2010

Chavez honored for his fight in favor of the Palestinian people

Venezuelan President Hugo Chavez received on Saturday a honorary degree, mentioning science in humanistic economics, on behalf of the Academy of Graduate Studies of Tripoli, in Libya, in consideration of his work as a booster of the real economic equality in society by means of the Bolivarian Revolution.

In the event,[…] Chavez was recognized for putting into practice an economic model "specifically oriented to satisfy the needs of the poorest people."

During the ceremony in the African nation, a member of the Academy of Graduate Studies, Masas Isasi, […] highlighted the support of the Venezuelan President to the causes of freedom in the World, and his immediate answer to build the Latin area.

Moreover, Hugo Chavez was honored for having managed to eradicate illiteracy and infant mortality, for his fight in favor of the Palestinian people and for defending the Latin American rights, as well as for his constant fight with the Venezuelan people. […] AVN (Venezuela)

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