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PARIS --- France and Libya have agreed in principle several military equipment deals worth as much as 4.5 billion euros, but final signature of the contracts depends on the successful conclusion of ongoing negotiations. According to an Memorandum of Understanding signed here by the two governments on Monday, negotiations are to be concluded by July 1, 2008.
The agreement reportedly also covers the supply of 35 military helicopters manufactured by Eurocopter, including ten Tiger attack helicopters, 15 EC725 Caracal multi-mission utility helicopters, and ten AS550 Fennec liaison/training helicopters.