"We have agreed with the Ministry of Natural Resources grant funds secured by its exports," Ivanov said during a meeting of Russian and Venezuelan delegations on Monday night.

It seems that the Russians haven't been told about the requirement to sell 70% of the gold locally. After all that only leaves 30% for export, which is a pretty skinny proportion on which to base the security of the funds required to buiild a mine especially after costs are taken out..... or just maybe they are getting an exemption from that requirement! Hugo wouldn't play favorites? would he???