Talks on Rafale deal progressing well, PM says after meeting French president

NEW DELHI: After his meeting with French President Francois Hollande on Thursday, Prime Minister Manmohan Singh said that discussions for purchase of 126 Rafale fighter aircraft are "progressing well". India and France entered into exclusive negotiations for the purchase of medium multi role combat aircraft last year.

"Some progress has to be achieved and we hope we can reach a conclusion," said Hollande minutes after meeting Singh.

The two sides have been holding negotiations over issues related mostly to pricing. Both had announced weeks ahead of the visit that it may not be possible to conclude negotiations before the president's arrival in India.

The meeting also saw the two leaders reiterating commitment to building 6 European Pressurised Reactors at Jaitapur. Recalling the Memorandum of Understanding signed on 4 February 2009 between NPCIL and AREVA for setting up of 6 x 1650 MWe EPR units at Jaitapur, they reviewed the status in regard to the first two EPR units and noted that NPCIL and AREVA were engaged actively in techno-commercial discussions.

"They expressed hope for the expeditious conclusion of the negotiations. It was emphasized that the Nuclear Power Plant at Jaitapur would incorporate the highest safety standards," said a joint statement.

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Talks on Rafale deal progressing well, PM says after meeting French president