NEW DELHI — India’s talks to buy fighter jets from France’s Dassault Aviation in a 2012 deal worth $12 billion are still underway but are complex, Defence Minister Arun Jaitley has said.
India chose Dassault for “exclusive negotiations” for 126 Rafale jets, but successive deadlines to complete one of the world’s biggest airline contracts have slipped by.
“Given the complexity of the procurement case, the process of negotiations with Dassault Aviation on various aspects of the commercial proposal and provisions of draft contract is on,” Jaitley told parliament late Tuesday.
The cost of the deal was pegged at $12 billion but media reports have recently put it at around $15 billion.
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