Venezuela has signed a deal with Russia for the purchase of 98 Ilyushin aircraft, which can be used for passengers and cargo.

Russian newspapers reported Friday that the state arms exporter, Rosoboronexport, signed the agreement during an air show near Moscow.

The value of the contract has not been disclosed. The Izvestia newspaper quoted experts as saying the deal could be worth several billion dollars.

Russia has already sold 24 Sukhoi jets and 53 helicopters to Venezuela.

Last year during a visit to Moscow, Venezuelan President Hugo Chavez signed a long-term deal with Russia to purchase $3 billion worth of helicopters, fighter jets and arms.

The United States bans sales of arms to Venezuela.

Some information for this report was provided by AFP and Reuters.