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22 March 2013, 14:15 | Updated: 22 March 2013, 15:53
The jazz legend has described Gaga as "wonderful" and a "great talent".
Lady Gaga and Tony Bennett have already "worked out" what they want to do for their collaborative jazz album.
The 86 year-old jazz legend and 'Judas' singer Gaga are expected to head into the studio later this year to lay down the record, after confirming plans for a team-up at the start of 2013.
Tony has now updated fans on the status of the project and says they "can't wait" to record together again, describing the record as a "big swing album".
"We're doing a big swing album and I'm looking forward to it," Tony said in an interview this week with The AP. "She's a wonderful person and a great talent.
"We have it all worked out already on paper and we'll just talking about it and we can't wait to do it," he added. "She's quite different.'
View a picture of Lady Gaga and Tony Bennett on stage together at the White House Ball below (Credit: Instagram):
The two previously worked together on a cover of 'The Lady Is A Tramp' for Tony's 2011 album 'Duets II', and performed together in January at the White House Inauguration staff ball.