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Sukhoi eyeing up Latin American market - company head

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Venezuelan President Hugo Chavez said earlier his country could purchase Su aircraft from Russia to replace its contingent of U.S. F-16 multi-role fighters following an embargo on arms sales to the country slapped on by Washington.

MOSCOW, May 23 (RIA Novosti) - The head of state-owned Sukhoi aircraft manufacturing holding said Tuesday his company was looking to secure new orders for the holding's military aircraft, including on the Latin American market.

Venezuelan President Hugo Chavez said earlier his country could purchase Su aircraft from Russia to replace its contingent of U.S. F-16 multi-role fighters following an embargo on arms sales to the country slapped on by Washington.

"We are thoroughly examining the interest of potential customers, but it would be wrong to say whether we are holding negotiations or not as we could lose a good client," Sukhoi's Mikhail Pogosyan said.

Chavez earlier accused the United States of breaching an agreement to supply parts for Venezuela's F-16s.

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