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In this paper, the stability analysis and stabilization problem for a discrete-time Markovian jump nonlinear systems (MJLNS) with time-varying delays are investigated. The time-delay is considered to be time-varying and has a upper bound. The transition probabilities of the mode jumps are considered to be completely known. Sufficient conditions for stochastic stability of the Markovian jump fuzzy systems (MJFS) are derived via the linear matrix inequality (LMI) formulation, and the design of the stabilizing controller is further given. A numerical example is used to illustrate the developed theory.