The agreement was reached at a meeting between the Prime Ministers of Russia Dmitry Medvedev and Brazil Vice President Michel Temer, and negotiations will begin in March, the Foreign Ministry said.
A Ministry statement said, the two countries have commitments on "development of new defense products and joint participation of strategic defense companies in Brazil the production process with full and effective technology transfer."
Brazil wants to develop a domestic defense industry and in years gone by associate defence contracts with full technology transfer, so that the country can make its own weapons in the foreseeable future.
The Ministry of Defense said Brazil wants to buy from Russia three ground-air missile batteries distance are two Undergraduate and Pantsir-battery anti-aircraft missile system which can be carried everywhere.
The agreement was reached after a visit to Moscow in late January by General Jose Carlos de Nardi, head of the Joint Chiefs of staff of the armed forces. He led a delegation of government officials and the company.
Brazil's President Dilma Rousseff also discussed that issue during his visit to the capital of Russia on Dec.
There has been no statement regarding the value of the contract.
Medvedev and Rousseff held talks on matters of Defense, energy and nuclear, as well as the upcoming meeting of the Group of countries of the G20 group of advanced economies and the rapidly growing BRICS countries economy.
The leaders of the BRICS--Brazil, China, India, Russia and South Africa--will hold a summit meeting in Durban, South Africa, in March.
Medvedev was in Sao Paulo to attend the annual meeting of the bilateral Joint Commission on high level together, Temer AFP.
(M014)
News; Finance; Insurance; Health; Cancer
News; Finance; Insurance; Health; Cancer; Car Insurance; Health Insurance
