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Earlier this month, in Moscow, as part of the 15th session of the Franco-Russian intergovernmental commission on bilateral cooperation an agreement was signed to set up a Joint Venture in the field of inertial navigation systems between Russian arms exporters "Rosoboronexport "and the French company " Sagem Defense Securite".
  

Russia’s initiative on a European Security Pact, topped the agenda of the Russian-French Security Cooperation Council meeting on Thursday. Also discussed were Iran’s nuclear programme, and Russian-US missile defense consultations.
 

Russia’s top general Nikolai Makarov, the chief of the General Staff, announced this week that the Russian navy wants to buy a French helicopter carrier. Marakov also announced that Russia has deployed advanced air defense systems on the border with North Korea and will press ahead in developing the beleaguered Bulava missile.