French, Indian leaders report progress on $12bn war jet deal | Bangkok Post: news

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French, Indian leaders report progress on $12bn war jet deal

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The leaders of France and India reported good progress on talks to seal a $12-billion fighter jet contract as defence deals dominated the first day of French President Francois Hollande's visit. 

France's President Francois Hollande (R) with Indian Prime minister Manmohan Singh at a ceremony at Hyderabad House in New Delhi on February 14, 2013. The leaders of France and India said negotiations on a $12 billion fighter jet contract, the world's biggest defence deal, were making good progress after talks Thursday in New Delhi.

Hollande is hoping his two-day trip to India -- his first to Asia since taking office in May -- will push New Delhi to ink the deal to buy 126 Rafale fighter jets from France's Dassault Aviation.

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