CARACAS, Venezuela - President Hugo Chavez said Sunday that Russia will help Venezuela develop nuclear energy "? a move likely to raise U.S. concerns over increasingly close cooperation between Caracas and Moscow.

Chavez said he accepted an offer from Russian Prime Minister Vladimir Putin for assistance in building a nuclear reactor.

"Russia is ready to support Venezuela in the development of nuclear energy with peaceful purposes and we already have a commission working on it," Chavez said. "We are interested in developing nuclear energy."

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