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12/25/08

BBC NEWS: Brazil and France sign arms deal

For the complete report from the BBC NEWS click on this link

Brazil and France sign arms deal

Brazil has signed an 8.6bn euro ($12bn; £8.2bn) defence deal with France to buy 50 helicopters and five submarines. The deal includes transfers of technology intended to help Brazil develop its own arms industry. It was signed at the end of a two-day visit to Brazil by French President Nicolas Sarkozy.

France will provide technology for the submarines, of which four will be conventional and the fifth will be nuclear-powered.

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