Paraguay in talks with Brazil to buy six Embraer combat planes

Paraguay is negotiating with Brazil to buy six Embraer (EMBR3.SA), opens new tab Super Tucano A-29 fighter planes for $96 million as part of its efforts to fight drug trafficking, Defense Minister Oscar Gonzalez said on Thursday. The deal is part of a $500 million package the South American nation's government is allocating to defense and security projects, Gonzalez told reporters.

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