anant_s
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India signs accord with France to purchase 36 Rafale
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PARIKRAMA
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Skull and Bones
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There has to be more cooperation between Indian and French education arena, making it easier for Indian student to find internship or dissertation opportunities in France, and gain valuable research experience to contribute to their own country.
SUDIP
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"We are very happy that we have formed an agreement for purchaseing [sic] 36 Rafale aircrafts with France," PM Modi says
"Through minsters of defence we have just signed an inter governmental agreement, It is a decisive step": French President @FHollande
"Through minsters of defence we have just signed an inter governmental agreement, It is a decisive step": French President @FHollande
PARIKRAMA
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i Said IGA will be done and annexure on price is the issue.. Dinakar Peri of Hindu was spot on when he reported that Indian Rafales are atm Rs 800 Crs all inclusive and India is looking at another 20% discount to bring it to Rs 650 Crs per jet all loaded.
On top Prez Hollande is clear about MII..
I think the issue here is the DPP 2016 which needs to be launched first post which this deal should be inked to ensure it comes under DPP 2016 gambit.
The MII line will see Rafale cost more like Rs 500-600 crs with median price of
@anant_s Hope you Sir, don mind me clubbing everything here for India France.. did not wish to open another thread.. thought all under one heading is a good way of knowing whats being signed today..
Some more
On top Prez Hollande is clear about MII..
I think the issue here is the DPP 2016 which needs to be launched first post which this deal should be inked to ensure it comes under DPP 2016 gambit.
The MII line will see Rafale cost more like Rs 500-600 crs with median price of
@anant_s Hope you Sir, don mind me clubbing everything here for India France.. did not wish to open another thread.. thought all under one heading is a good way of knowing whats being signed today..
Some more
anant_s
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Price issues still need sorting out, and surely this is not a contract, but apparently India has shown its commitment to Rafale.
To think that an year back, MMRCA negotiations were still in an Infinite Do Until loop, this should be seen as a major milestone.
To think that an year back, MMRCA negotiations were still in an Infinite Do Until loop, this should be seen as a major milestone.
Mirza Jatt
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Deal is done. Its only the final pricing which I guess is fine as long as we can save some money.
PARIKRAMA
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+++++++++++++++++
QUICK UPDATE SOURCE BASED
+++++++++++++++++++
FINANCIAL TERMS IN FEW DAYS
let me find some news source confirming that..
http://www.defenseworld.net/news/15...Financial_Terms_Yet_To_Be_Agreed#.VqXvldKqpHy
India, France Ink Rafale Fighter IGA, Financial Terms In Couple Of Days
Source : Our Bureau ~ Dated : Monday, January 25, 2016 @ 10:29 AM
Views : 63 A- A A+
I
ndia and France have inked a Inter-Governmental Agreement on the multi-billion dollar 36 Rafale fighter deal.
“Leaving out financial aspect, India and France have signed IGA on purchase of 36 Rafale fighter jets,” Indian Prime Minister Narendra Modi said at the press briefing after the MoU for the fighters was signed with French President Francois Hollande Monday.
“We expect that even the financial aspects pertaining to purchase of Rafale jets will be resolved as soon as possible,” he added.
Hollande said that the financial issues over the Rafale aircraft deal will be resolved in a "couple of days".
The contract is still to be finalized based on the financial negotiations. "This is a political agreement opens the possibility of concluding trade negotiations. In India, the stateis very present. If there was no agreement among governments, there would be no agreementbetween industries," the French Minister of Finance, Michel Sapin was quoted as saying by French news daily LeMonde Sunday.
"The state (India) apparatus is quite fragmented. When you have an agreement for a branch of government that does not mean that you have the agreement of all the branches. The process is extremely complex and slow. There is no anomaly, but we are faced with a government that consults minister after minister and each reinstruct administration while at the base,” a senior defense official was quoted as saying by the news daily.
QUICK UPDATE SOURCE BASED
+++++++++++++++++++
FINANCIAL TERMS IN FEW DAYS
let me find some news source confirming that..
http://www.defenseworld.net/news/15...Financial_Terms_Yet_To_Be_Agreed#.VqXvldKqpHy
India, France Ink Rafale Fighter IGA, Financial Terms In Couple Of Days
Source : Our Bureau ~ Dated : Monday, January 25, 2016 @ 10:29 AM
Views : 63 A- A A+
I
ndia and France have inked a Inter-Governmental Agreement on the multi-billion dollar 36 Rafale fighter deal.
“Leaving out financial aspect, India and France have signed IGA on purchase of 36 Rafale fighter jets,” Indian Prime Minister Narendra Modi said at the press briefing after the MoU for the fighters was signed with French President Francois Hollande Monday.
“We expect that even the financial aspects pertaining to purchase of Rafale jets will be resolved as soon as possible,” he added.
Hollande said that the financial issues over the Rafale aircraft deal will be resolved in a "couple of days".
The contract is still to be finalized based on the financial negotiations. "This is a political agreement opens the possibility of concluding trade negotiations. In India, the stateis very present. If there was no agreement among governments, there would be no agreementbetween industries," the French Minister of Finance, Michel Sapin was quoted as saying by French news daily LeMonde Sunday.
"The state (India) apparatus is quite fragmented. When you have an agreement for a branch of government that does not mean that you have the agreement of all the branches. The process is extremely complex and slow. There is no anomaly, but we are faced with a government that consults minister after minister and each reinstruct administration while at the base,” a senior defense official was quoted as saying by the news daily.
Abingdonboy
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Watch the statement of Mr Hollande in full (22.00-)
IGA signed
Commited to Make in India as part of the Rafale agreement (obviously not for the 36)
Final price issues to be sorted out in a few days
IGA signed
Commited to Make in India as part of the Rafale agreement (obviously not for the 36)
Final price issues to be sorted out in a few days
anant_s
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PM Modi On Rafale: Will Sort Out Financial Aspects Soon : Highlights
All India | NDTV.com | Updated: January 25, 2016 14:53 IST
New Delhi: Prime Minister Narendra Modi, French President Francois Hollande are issuing a joint statement in Delhi.
Here are the highlights:
PM Modi
President Hollande
http://www.ndtv.com/india-news/pm-m...ande-issue-joint-statement-highlights-1269762
@Abingdonboy @Vauban @Taygibay @Echo_419 @PARIKRAMA
All India | NDTV.com | Updated: January 25, 2016 14:53 IST
New Delhi: Prime Minister Narendra Modi, French President Francois Hollande are issuing a joint statement in Delhi.
Here are the highlights:
PM Modi
- India and France have signed 13 agreements.
- I thank you for accepting our invitation.
- Mr Hollande is a close friend of India. Mr President you are the leader of a powerful country.
- France is our most trusted strategic partner.
- Matter of great pride for me to welcome you as the Chief Guest for Jan 26 parade.
- Tomorrow we shall be welcoming a French leader for the 5th time.
- French troops shall march shoulder to shoulder along with Indian troops.
- It was 18 years ago when we signed a strategic partnership with France.
- On Rafale jets he said, except for the financial aspects, we have an inter governmental agreement on the 36 jets. We will resolve the financial aspects soon.
- Paris to Pathankot are challenges for us. Terrorism is against humanity. To fight this, we have to unite.
- At the COP 21, thanks to your leadership an agreement was signed. This has allowed us to establish a new environmental framework.
- I invite French businessmen to invest in India. India and France are committed to a secure and successful future
President Hollande
- This is witness to outstanding relations between India and France
- I am proud to celebrate with you the birth anniversary of your Constitution
- This is a new chapter in our strategic partnership which was launched in 1988
- We are working on deal, these same jets are fighting ISIS. There remain some financial issues that will be sorted out in a couple of days
http://www.ndtv.com/india-news/pm-m...ande-issue-joint-statement-highlights-1269762
@Abingdonboy @Vauban @Taygibay @Echo_419 @PARIKRAMA
Abingdonboy
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Actually it was 14, the Rafale IGA was added to the announcment at the last minuet- at least this is my impression given how the spokesperson declared it.
I think it is interesting how much attention the Rafale deal was given by both Modi and Hollande, when the two Def Mins were shaking hands Modi and Hollande did so too (unlike with any of the other 13) and both speeches (from Modi and Hollande) talked extensively about the Rafale- particuarly Hollande's who mentioned the Rafale throughout his speech and went on to say how it was a symbol of Indo-French ties. I can't beleive either side would do this for just 36 jets.
+I think the two sides came to an agreement on something to do with this matter this morning itself judging by the body language and comments of all concerned parties.
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