Sino-Russian widebody jet deal 'expected to be signed by end of year'

Russia and China are expected to sign an intergovernmental agreement on the joint development of a widebody jetliner before the end of the year, according to the president of Russia's United Aircraft Corp.

The agreement would specify each country's responsibilities and profits from the project, Yury Slyusar said.

"So far, the project has proceeded well, and we plan to determine the technical requirements, specifications and outsourcing methods in March."