MOSCOW, October 2. /TASS/. Defence Ministries of Russia and Equatorial Guinea have signed a memorandum envisioning joint naval exercises and collaboration in the field of naval shipbuilding, the Russia Defense Ministry’s spokesman for the Navy, Captain 1st Rank Igor Dygalo told reporters on Friday.

"The memorandum reflects the willingness of the sides to broaden naval cooperation on the principles of equitability and partnership and it maps out the main guidelines for cooperation," he said.

Capt. Dygalo said, in part, the document presupposes visits of naval ships and auxiliary seacraft to the two countries’ ports, joint exercises, joint efforts in search for distressed crews and salvage on high seas, development of naval education, promotion of humanitarian ties, and collaboration in naval shipbuilding and hydrography.

The memorandum was signed in the course of a second session of the intergovernmental workgroup for cooperation in defense-related technologies. It carries the signatures of Admiral Viktor Chirkov, the Commander-in-Chief of the Russian Navy, and the Minister of National Security of Equatorial Guinea, Nicholas Obama Nchama.