आपकी जीत में ही हमारी जीत है
11:26 PM | Sat, 22 Oct 2016

Download Our Mobile App

Download Font

India and France inked Inter-Governmental-Agreement but unable to sign the final deal

271 Days ago
| by


NEW DLEHI: India and France today inked an Inter-Governmental Agreement (IGA) on the sale of 36 French fighter jets, Rafale, but were unable to sign the final deal due to some "financial" aspects, which are expected to be sorted out in "couple of days".       
This agreement was among the 14 pacts signed between the two countries after extensive talks between Prime Minister Narendra Modi and visiting French President Francois Hollande which focused ways to enhance cooperation in counter- terrorism, security and civil nuclear energy.

"...Leaving out financial aspect, India and France have signed Inter-Governmental Agreement on purchase of 36 Rafale fighter jets. We expect that even the financial aspects pertaining to purchase of Rafale jets will be resolved as soon as possible," Modi said at a joint press event with Hollande.         

Terming the signing of the IGA as a "decisive" step, the French President said there are some financial issues that will be sorted out in "couple of days". The two countries are in negotiations for 36 Rafale fighter jets in fly away conditions since the announcement for the deal was made by Modi in April during his visit to France.   

However, the final deal is yet to be sealed as both sides are still negotiating the price which is estimated to be about Rs 60,000 crore. A high-level team from France is here and carrying out last minute negotiations. Apart from defence cooperation, the talks between the two leaders primarily focused on ways to boost counter-terrorism cooperation in the aftermath of attack in Paris in November last and Pathankot terror strikes earlier this month.         

"From Paris to Pathankot, we saw the gruesome face of the common challenge of terrorism...I also commend the strength of your resolve and action these terrorist attacks. President Hollande and I have agreed to scale up the range of our counter-terrorism cooperation in a manner that helps us to tangibly mitigate and reduce the threat of extremism and terrorism to our societies.            

"We are also of the view that the global community needs to act decisively against those who provide safe havens to terrorists, who nurture them through finances, training and infrastructure support," Modi said.   

The two countries reiterated their call for Pakistan to bring to justice their perpetrators and the perpetrators of the November 2008 terrorist attacks in Mumbai, which also caused the demise of two French citizens, and to ensure that such attacks do not recur in the future, a joint statement issued after the talks said.

"Daesh has attacked us. The ISIS is provoking us but we are determined to take the right decision. We will strike them time and again those who kill our children. I would like to thank you for the support in dire circumstances. France will never forget. We have decided to strengthen our cooperation against terror," Hollande said.        

The two sides resolved to step up their joint effort to counter violent extremism and radicalisation, disrupt recruitment, terrorist movements and flow of Foreign Terrorist Fighters, stop sources of terrorist financing, dismantle terrorist infrastructure and prevent supply of arms to terrorists.          

"To this end, they committed to further develop exchanges in the fields of intelligence, finance, justice and police. They welcomed the strengthening of the cooperation between Indian and French counter terrorism authorities and units, in particular between their cybersecurity experts," the joint statement said.            

Stressing that terrorism cannot be justified under any circumstance, regardless of its motivation, wherever and by whomsoever it is committed, Modi and Hollande pitched for decisive actions to be taken against Lashkar-e-Tayibba (LeT), Jaish-e-Mohammad (JeM), Hizb-ul-Mujahideen, Haqqani Network and other terrorist groups such as Al Qaeda.            

They also condemned the recent terror attacks in Pathankot and Gurdaspur in India. On other issues which were discussed, Modi said, "From smart cities, locomotives, railway tracks and nuclear power. These are all foundations for building a new commercial partnership."      

On his part, Hollande asserted that "There is no better trust than sharing civil nuclear technology" and hoped that the issues pertaining to the six reactors at Jaitapur nuclear plant will be settled in one year.   


Viewed 127 times
  • E-mail
You might also want to read

Our Media Partners

app banner


  • Digital Marketing
  • Website Designing
  • SMS Marketing
  • Catalogue Designing & Distribution
  • Branding
  • Offers Promotions
  • Manpower Hiring
  • Dealers
    Retail Shops
    Online Sellers

  • Distributors

  • Hotels

  • Doctors

  • Agencies

  • Coaching Centres
    Hobby Classes

  • All types of
    Small & Medium

  • All types of