India’s insistence on 50 per cent off-set clause, tweaking of weaponry technology and plans to set up two bases were among the sticking points
The talks for negotiating the cost of 36 Rafale fighter
jets India is buying from France is going on at a “hectic” pace and are
likely to be wrapped up in another one month, top defence sources said.
“The talks have been very hectic. There are a lot of fine prints that
both sides look into. The talks will most likely take one more month,”
defence sources told PTI.
“The talks are taking
place since morning to evening. The French side is here thrice every
month and every effort is to wrap up the talks fast,” they said.
The Defence Acquisition Council had on September 1 given the go ahead
for further negotiations for purchase of 36 jets that had got stalled
due to differences over a variety of issues.
India’s
insistence on 50 per cent off-set clause, tweaking of weaponry
technology and plans to set up two bases were among the sticking points
that had cropped up during the talks that began after Prime Minister
Narendra Modi announced the decision to acquire the fighter jets during
his trip to France in April.
If things proceed
smoothly, a government-to-government agreement between India and France
could be signed soon, paving the way for the final contract for the
purchase of the aircraft.
Mr. Modi’s decision to buy
the jets, citing operational requirements of the IAF, had given a boost
to the modernisation plans of the air force as the original deal for 126
Rafale jets through a tendering process had got stuck for years.
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