Russian media have said Chavez would be looking to finalize the purchase of tanks, aircraft, guns - and possibly submarines. The RIA-Novosti news agency said a $500 million contract for 100 T-72 and T-90 tanks would be signed during Chavez' visit.
Venezuela having bought 4 billion $ worth of arms from russia since 2005.
"We will supply Venezuela the weapons that Venezuela asks for. In accordance with all international law, of course," Medvedev said. "If our friends want our tanks, we will deliver them."
Venezuelan President Hugo Chavez suggested he wants to stand up to Washington.
"Previously we were in slavery thanks to the actions of the Yankee empire, and now what we're doing is increasing our military potential," he said. "A blockade is closing in around us*."
*(The US have established 7 military bases in the neighboring Colombia)
