Friday, January 15, 2016

India in talks to boost Rafale deal ahead of Hollande visit: Source

Paris: France and India are negotiating whether to widen a proposed $9 billion deal for the sale of 36 French-built Rafale warplanes to include an option for further purchases, but have yet to decide the scope of the deal, a person close to the talks said.
The nations have been negotiating for months after Indian Prime Minister Narendra Modi announced plans to buy 36 warplanes directly from the French government following the collapse of a larger commercial deal with Dassault Aviation.
Talks have sped up in recent weeks ahead of a visit to India by French President Francois Hollande on January 25-27, and aides were said to be locked in discussions with Indian officials at France's presidential offices on Wednesday.
"The deal should be signed at the end of January and there is an option" for more jets, the person close to the talks said.
14/01/16 Reuters/Times of India
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