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Chavez spends millions on 'extravagant' foreign policy: US



AFP
WASHINGTON
Petroleumworld.com 02 29 06

US National Intelligence Director John Negroponte on Tuesday accused Venezuelan President Hugo Chavez of wasting millions of dollars on an "extravagant" foreign policy instead of fighting poverty at home.

"I would say that it's clear that (Chavez) is spending hundred of millions, if not more, for his very extravagant foreign policy," said Negroponte, speaking to the US Senate Armed Services Committee.

The expenditure is "at the expenses of the Venezuelan people, because there is a great deal of poverty," he added.

Caracas and Washington have been at odds since the populist Chavez was elected Venezuelan president in 1998 and struck up close relations with Cuba. For years since he has been a vociferous critic of US foreign policy.

Venezuela is the fourth-largest supplier of crude oil to the United States, selling it about 1.5 million barrels daily.


AFP 02 28 06

Copyright © 2006 AFP. All rights reserved


 

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