Arab Today, arab today france india pledge swift conclusion to fighter jet deal
Last Updated : GMT 21:50:13
Arab Today, arab today
Arab Today, arab today

To buy 126 of the jets made by French firm Dassault

France, India pledge swift conclusion to fighter jet deal

Arab Today, arab today

Arab Today, arab today France, India pledge swift conclusion to fighter jet deal

France is sealing a deal to sell 36 Dassault Rafale fighter jets to India
New Delhi - Arab Today

France's defence minister and his Indian counterpart pledged Wednesday to quickly wrap up negotiations over the purchase of 36 Rafale fighter jets, agreeing to set up teams to nail down the deal.

The meeting between Jean-Yves Le Drian and Manohar Parrikar came some four weeks after the announcement of an outline purchase agreement which fell a long way short of previous proposals for India to buy 126 of the jets made by French firm Dassault.

"The two defence ministers discussed modalities in order to reach an early conclusion of an Inter-Governmental Agreement on the subject," according to a joint statement issued after the talks in New Delhi.

"The two sides decided to set up teams to work out the details in a time-bound manner."

During a visit to France last month, India's Prime Minister Narendra Modi announced that New Delhi had ordered 36 of the "ready to fly" planes.

The deal -- estimated to be worth five billion euros ($5.5 billion) -- followed tortuous years-long negotiations on buying the jets.

Talks began in 2012 about the possible purchase of 126 of the planes as part of a $12-billion deal. But they became bogged down over cost and New Delhi's insistence that 108 of the planes be manufactured in India.

After news of the deal for 36 planes was announced, Parrikar played down expectations of a larger deal.

India has in recent years launched a vast defence modernisation programme worth some $100 billion, partly to keep up with rival neighbours Pakistan and China.

But contracts for new military hardware have been bogged down in India's bureaucracy, while some were mired in corruption scandals under the previous Congress-led government.
Source: AFP

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today france india pledge swift conclusion to fighter jet deal Arab Today, arab today france india pledge swift conclusion to fighter jet deal

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today france india pledge swift conclusion to fighter jet deal Arab Today, arab today france india pledge swift conclusion to fighter jet deal

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today How to do your own Ramadan corner?

GMT 15:53 2017 Saturday ,27 May

How to do your own Ramadan corner?
View News in Arabic - Business: أخبار الأعمال
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday