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Work on the document will begin, taking into consideration the need for the European Union to complete a number of internal procedures, Mr Medvedev said at a press conference following the summit.

The President said the future agreement would be an instrument for genuine rapprochement between Russia and the European Union on the principles of equality, pragmatism, mutual respect for each other’s interests and common approaches to key security issues.

The new agreement will be a fairly brief framework document, not weighed down by details, and it will emphasise the strategic nature of the relations between Russia and the European Union, Mr Medvedev said.

The first round of talks on the new agreement will take place in Brussels on July 4.