06 October 2014
Venezuela signed Sunday an agreement with a Chinese state-owned company to build and deliver into orbit the country's third satellite with the help of Chinese technology. The satellite will be named after the independence hero Antonio Jose de Sucre, although both sides didn't offer details of its cost and specific timeframe for the project. The agreement, which was inked at the presence of Venezuelan President Nicolas Maduro, was signed between the Venezuelan government and China Great Wall Industry Corporation (CGWIC), China's sole commercial satellite launch service provider.
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