15 February 2013

News Story: India, France conclude $6 bn deal on Surface to Air Missile


NEW DELHI (PTI): India and France on Thursday concluded negotiations on the Short Range Surface to Air Missile nearly worth of USD six billion during the talks between French President Francois Hollande and Prime Minister Manmohan Singh, who also said talks on USD 10-billion deal for Rafale fighter aircraft are "progressing well".

After comprehensive talks, the leaders said views were exchanged on a number of bilateral, regional and multilateral issues of common interest including defence ties, civil nuclear cooperation, counter-terrorism and situation in Mali.

Observing that India is Hollande's first Asian destination for a bilateral trip, Singh said this demonstrates the importance of this relationship between the two countries.

Read the full story at Brahmand