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The film will be set in both Europe and the Middle East and will see the former Bond resurrect the role of professional thief Crown, who will get caught up in a feud and be put at risk over love.
Variety reports that the original actress that played Brosnan's lover in the film, Rene Russo, will not appear in the sequel and that the love interest is yet to be cast.
Basic Instinct director Paul Verhoeven will work on the film, which is due to start shooting in January.
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