Word: iran
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...recent intelligence report put out by the government of Israel, which considers Iran's nuclear program a direct threat to its security, said Venezuela was already supplying Iran with uranium. But experts say it's hardly certain Venezuela even has much, if any, uranium to provide Iran or anyone else. Officials there have long estimated the country is sitting on 50,000 tons of the radioactive ore, concentrated mostly in western Venezuela and in the Roraima Basin along the country's southeastern border with Brazil and Guyana. (The U.S. has uranium reserves of about 340,000 tons...
Sanz, however, insists that Iranian experts have concluded Venezuela "has a lot of uranium." If so, the other big question is whether Venezuela itself will really pursue a nuclear-energy program. Like oil-rich Iran, it's hardly in urgent need of nuclear power: Venezuela has the western hemisphere's largest crude reserves, and 75% of its electricity is hydro-generated. It abandoned its one test nuclear reactor 15 years ago. Still, Chávez says the country needs alternatives, and has struck a deal to receive nuclear-fuel-technology aid from Russia, Venezuela's top arms supplier...
...region.) What's more, Venezuela is a signatory to the 1967 Tlatelolco Treaty, which prohibits the development of nuclear weapons in Latin America. Even so, says Mendelson, "the U.S. is worried that Venezuela has become a platform for the entrance of Iranian mischief in the hemisphere." If Iran is building a bomb, she adds, the U.S. may well assume that Tehran is interested in slipping that technology to Venezuela as well...
...just from the U.S. but from its Latin trade partners - especially Brazil, which is campaigning for a permanent seat on the U.N. Security Council - if it were to ever toy with nuclear weaponry. As it is, Chávez can look forward to stepped-up global pressure if Iran, like North Korea, is eventually found to be pursuing a nuclear bomb, especially if international economic sanctions are imposed on Tehran. If that happens, Chávez has indicated he'll ignore the measures and keep supplying the 20,000 barrels per day of gasoline to Iran, which has to import...
Then again, it's uncertain if powers like Russia and China, which sell even larger quantities of gasoline to Iran, would take part in U.S.-led sanctions themselves. Their postures are a reminder that when it comes to thwarting Iran's nuclear ambitions, Venezuela may be a small concern in comparison. But given the tensions involved at the moment, few besides Chávez are finding humor...