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Tuesday, October 31, 2006

Russia Chooses Between $1.5 Billion and $2 Billion
China has appealed to Russia to let it export the FC-1 fighter with Russian engines. Russia has a list of countries which its has agreed to conduct military-technological trade and China wants Pakistan on that list.

If Russian refuses, it could complicate trade with China which is worth $2 billion annually. Agreement, however, could threaten Russia's ties with India, which are worth more than $1.5 billion per year.

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