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Tuesday, September 08, 2009

Brazil and France Sign Big Arms Deal

EC-725The presidents of Brazil and France, Luiz Inacio Lula da Silva and Nicolas Sarkozy, respectively, on Monday sealed a military naval and aeronautic alliance that will provide technology for Brazilian industry and also a conduit to the Latin American market.

The defense agreements signed on Monday during the French leader’s visit here establish the basis for the construction of five submarines, one of them nuclear-powered, and 50 EC-725 helicopters by the firm Eurocopter, an affiliate of the European EADS group, with all the aircraft to be bought by Brazil.

According to the pacts, the subs and the helicopters will be built in Brazil – which will receive all the technology, except the nuclear technology – and the factories that will be set up to carry out the project will be able to make potential future sales to other Latin American countries.

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