Only Financial Details Remain In Striking Rafale Deal: Modi

By siliconindia | Monday, 25 January 2016, 12:02 Hrs

BENGALURU: Prime Minister Narendra Modi said only the financial details needed to be worked out in finalising the much-awaited purchase of Rafale fighter aircraft from France, adding that it would be concluded soon.

Modi had, during his visit to Paris last year, announced India's intention to purchase 36 Rafale medium multi-role combat aircraft built by the French aerospace major Dassault. The deal is valued at around 60,000 crore.

"Only financial aspects of the Rafale deal is left. The inter-governmental agreement has been finalised. It will be done soon," the prime minister said in his statement after delegation-level talks with French President Francois Hollande here.

Hollande in his statement said: "We signed an inter-governmental agreement (IGA) on Rafale deal. It is a decisive step for India to purchase the fighter jets and also for France to make them available to a great country like India."

Referring to the financial aspects of the deal, Hollande said: "That will be sorted out soon."

Source: IANS