RIO DE JANEIRO , Brazil ( CNN ) -- The presidents of France and Brazil are set to sign several bilateral agreements , including a defense accord that would make Brazil the first Latin American nation to possess a nuclear-powered submarine . French President Nicolas Sarkozy , left , and Brazilian President Luiz Inacio Lula da Silva meet Monday . According to Brazil 's official news agency Agencia Brasil , French President Nicolas Sarkozy and Brazilian President Luiz Inacio Lula da Silva are scheduled to sign a strategic cooperation agreement Monday during the Brazil-European Union summit in Rio de Janeiro . Sarkozy is the president of the European Union Council . Brazil and Argentina are the only Latin American countries with significant nuclear capabilities . The agreement would include the transfer of technology that would allow Brazil to assemble 50 EC-725 Cougar helicopters , four conventional submarines and one submarine with nuclear capability as part of Brazil 's military modernization process , officials told Agencia Brasil . Under the accords to be signed by the two presidents , France also would provide Brazil with night vision and remote monitoring technology to be used by the military in the Amazon region , the news agency said .
Conventional submarines , helicopters also included in defense deal . Rio de Janeiro will also get night-vision technology to use in Amazon region . Brazilian President Agencia Brasil in Brazil to sign deal .