Don't miss

Replay


LATEST SHOWS

THE INTERVIEW

Erdogan to rid Turkish institutions of ‘separatist cancer’ after coup attempt

Read more

ENCORE!

The best of summer music festivals in France

Read more

FRANCE IN FOCUS

Going for gold: French athletes train for Rio Olympics

Read more

#TECH 24

Digital beauty

Read more

FOCUS

Women doctors in Pakistan challenge the status quo

Read more

BUSINESS DAILY

Trump hopes to reset America's trade relations

Read more

IN THE PAPERS

'Donald Trump's speech was just another scam'

Read more

IN THE PAPERS

Cazeneuve at the heart of Nice security controversy

Read more

EYE ON AFRICA

South Africa: Prosecutors seek longer sentence for Oscar Pistorius

Read more

france 24 Business

India signs agreement to buy 36 French Rafale fighter jets

© AFP / Manjunath Kiran |A Rafale multi-role combat aircraft from Dassault Aviation of France takes off at Yelahanka Airforce Station in Bangalore, India, during the Aero India air show on on February 18, 2015.

Text by FRANCE 24

Latest update : 2016-01-25

India and France have signed an agreement on the long-delayed purchase of 36 French Rafale jet fighters but have yet to reach a final deal on financial issues, Prime Minister Narendra Modi said Monday.

"We have completed an inter-governmental agreement for the purchase of 36 Rafales, with the exception of the financial aspects," Modi said after meeting in New Delhi with French President François Hollande, who is on a three-day visit to India.

Modi announced India's intention to buy the Rafale jets (manufactured by Dassault Aviation) during a visit to Paris in April, touching off several rounds of negotiations over the price and details such as servicing.

The two sides were expected to sign a final agreement during Hollande's visit.

France has previously sold Rafales to both Egypt and Qatar for multi-billion euro contracts, though other proposed deals have fallen through, notably with Brazil.

(FRANCE 24 with AP, AFP)

Date created : 2016-01-25

  • FRANCE - INDIA

    France's Hollande begins India visit, says jet deal will ‘take time’

    Read more

  • FRANCE - QATAR

    France confirms sale of 24 Rafale fighter jets to Qatar

    Read more

  • INDIA - FRANCE

    India orders 36 French-made Rafale fighter jets, PM Modi says

    Read more

COMMENT(S)