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Brazil and France Sign Arms Agreement Posted by on Dec 26, 2008 in Brazilian News

This week, President Nicolas Sarkozy was in Brazil, where he met with President Lula in Rio de Janeiro. On Tuesday, they signed an arms agreement worth US$12 billion to help Brazil protect its oil fields and the Amazon.

The deal involves the purchase of fifty Super Cougar helicopters from France, as well as the joint assembly of a nuclear submarine and four diesel submarines. The deal will make Brazil the first Latin American country to own a nuclear submarine. France will also provide night vision equipment and remote monitoring technology for military use in the Amazon.

For more information, see Bloomberg and the LA Times coverage.

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