And maybe the new ammo production will relieve 7.62x39 supplies here.
It looks like the one that Chavez is pointing at the sky is in the 5.45x39mm caliber of the AK74. That could indeed make it more popular in some South American circles than the maintenance-intensive and more expensive US-supplied M16A2 and M4 5.56mm rifles.
The larger the quantity in series production, the greater the cost reduction per individual piece, up to a point.
Actually, it's indeed a AK-103. The 103 looks like the AK-74. Note how the stock doesn't have a groove on the left side?