Friday, February 15, 2013

The Rafale on the runway in India

While François Hollande is currently on a state visit to India in 48 hours, all indicators continue to be green for the Rafale.

All indicators continue to be green for the Rafale in India. Talks with France on the sale of Rafale to India "progressing well", said on Thursday Indian Prime Minister Manmohan Singh at a joint press conference with French President François Hollande official visit 48 hours in India. "The discussions on the contract on the M-MRCA (multi-role combat aircraft) are progressing well," he said. India came in January 2012 into exclusive negotiations with Dassault Aviation to build his army of 126 Rafale aircraft, a contract estimated to total 18 billion euros. It would be the first export success for the French combat aircraft engaged in the theater of operations in Afghanistan, Libya and Mali. François Hollande for his part said that "the Prime Minister (Indian) and I have seen progress in the discussion and I am hopeful that we can reach a conclusion."


CEO of Dassault Aviation, Eric Trappier that accompanies the Head of State, recently said he hoped to conclude before the end of the sale of Rafale to India. Last week, the Chief of Staff of the Indian Air Force for his part hoped that the signing of this contract intervene "before mid-2013." According to our information, Dassault Aviation would cover the signing of a contract this summer. Dassault boss may prove even more serene on the contract that Indian leaders multiply signs. The Defence Minister AK Antony has assured last week when defense exhibition in Bangalore that he was "no question" that the budget cuts coming in defense of the program affect the Rafale. AK Antony has assured that his subordinates were trying to avoid malpractice. "We want, he explained, accelerate this process and have a specific contract." Especially in the current context with accusations of corruption of the Italian group Finmeccanica under a contract helicopters in India. At the same time, the minister said that the contract should be finalized through "six or seven levels" of checks before being submitted to the Ministry of Finance and the Cabinet Committee on National Security.


Holland could attend the signing of a contract for small Safran

According to our information, François Hollande, however, could attend the ceremony of signing a contract awarded by a subsidiary of Safran specializes in security, Morpho. The company will provide a biometric system that will allow bank employees Bank of India to securely connect to their computer. The amount of this contract is estimated between 10 to 15 million euros. However, François Hollande intends to lead this emerging power with an "economic diplomacy", refusing to appear in "salesman".Accompanied by a good deal of the highest French business leaders, François Hollande arrived Thursday in India to engage in an exercise of economic diplomacy with in the first place, hope to conclude the sale of 126 soon Rafale.

Another great ongoing contract negotiations with India by building two Areva EPR reactors at Jaitapur, 400 km south of Mumbai, with an option for four additional reactors. In January, the Indian Minister of Foreign Affairs, Salman Khurshid, had spoken of a negotiation reached "an advanced stage". But French source, we say just "reasonably optimistic" about the forthcoming conclusion of these negotiations "complex". Other French companies are vying for major projects, particularly in the field of sustainable urban development, such as Alstom, which focuses on the Bangalore metro (south). Furthermore fifty business leaders are also travel five ministers whose portfolios show the priorities of this first visit to Asia quinquennium: Laurent Fabius (Foreign Affairs), Jean-Yves Le Drian (Defence), Nicole Bricq ( trade), Geneviève Fioraso (Higher Education and Research) and Frédéric Cuvillier (Transport).

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