Chavez promises Venezuela he'll be a 'better president'

Hugo Chavez has pledged to be a "better president" after sealing a comfortable election victory that could take his time in charge of Venezuela to 20 years.

In an address at the presidential palace in downtime Caracas, Mr Chavez said:

Truthfully, this has been the perfect battle, a democratic battle. Venezuela will continue along the path of democratic and Bolivarian socialism of the 21st century.

Today we start a new cycle of government, in which we are obliged to respond with greater efficacy and efficiency to the needs of our people. I promise you I'll be a better president.

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Chavez wins Venezuela election

Venezuela's President Hugo Chavez has won a 4th term in office, the country's electoral council has announced. Chavez had faced a strong challenge from Henrique Capriles.