Thursday 14 February 2013

India, France sign deal on $ 6 bn Surface to Air Missile


Said Manmohan Singh talks on $ 10-billion deal for Rafale fighter aircraft are 'Progressing well'
 
New Delhi - India and France today Concluded negotiations on the Short Range Surface to Air Missile Nearly worth of $ 6 billion falling on the talks Between French President Francois Holland and Prime Minister Manmohan Singh, who aussi Said talks on $ 10-billion deal for Rafale fighter aircraft are "Progressing well".
 
After a comprehensive talks, the leaders Exchanged views were Said number was of bilateral, regional and multilateral issues of common interest ties Including defense, civil nuclear cooperation, counter-terrorism and situation in Mali.
 
That India is observing Holland's first Asian destination for a bilateral trip, Singh said this Demonstrates the importance of this relationship entre le two countries.
 
"President Holland and I Exchanged views on a number of bilateral, regional and multilateral issues of common interest. Reviewed We progress on the Jaitapur Nuclear Power Project and reiterated our commitment to early implementation icts as soon as the business and technical negotiations, Which Have Made Good progress, are completed, "Said Singh has joined the press event Effective talks.
 
Expressing satisfaction with the progress in defense cooperation, Singh Said, "Discussions on the MMRCA contract are Progressing well. Aussi We have Concluded negotiations on the Short Range Surface to Air Missile, Which, approved by the Government ounces, will be co-developed and co-produced in India, "while noting que la defense ties Were poised to reach a qualitatively new level.
 
The worth of Rs 30,000 crore SR-SAM project is a co-development and joint venture Between India and France Would Be developed by DRDO and MBDA of France from the Indian side. The surface-to-air missile defense system Would Be Deployed by the IAF and the Navy.
 

Holland, aussi Accompanied by a large contingent of French business leaders, Including Dassault chief executive Eric Trappier, Whose company is hoping to seal the deal to sell Rafale warplanes to India 126 in the world's biggest defense contract currently under negotiation.
 
On his part, Holland Said he has come to take the Indo-French strategic partnership to "yet another level" while noting que la defense cooperation Reflects India's trust for French technology and trust for France's use of technology by India. "India is a country of peace," the French president added.
 
The two sides inked four pacts aussi, Including one in the field of railways

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