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Tuesday, December 02, 2014

France pushes for Rafale deal, but talks still stuck

Dassault RafaleIndia and France have decided to step-up bilateral cooperation in counter-terrorism and maritime security as well as hold a major aero-naval exercise in the Indian Ocean early next year, signaling their intent to further bolster their "strategic partnership".

But what could be the biggest project between the two, the almost $20 billion MMRCA (medium multi-role combat aircraft) project for 126 Rafale fighters, remains stuck in the final stretch of negotiations.

The two sides, however, resolved to sort out the 'differences' in a 'fast-track' manner, sources said on Monday.

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