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Russia is to sign a major deal with Israel for a joint production of military drones as Moscow seeks higher-quality arms than those its domestic firms can provide.
An article published by Bloomberg News website on June 11 said the agreement is worth 300 million euros (362 million USD) and will be implemented in two years.
Doron Suslik, a spokesman for Israel Aerospace, said the company is interested in doing business with Russia but refused to detail on potential deals.