At the joint address with French President Hollande, PM Modi said:
And the 14th agreement for the purchase of 36 Rafale Fighter jets, except for some financial issues which both sides agreed to resolve soon— Vikas Swarup (@MEAIndia) January 25, 2016
“We are very happy that we have formed an agreement for purchase of 36 Rafale aircraft with France. We will resolve the financial aspects soon.”The Rafale deal was among the 14 pacts signed between the two countries after extensive talks between Prime Minister Narendra Modi and visiting French President Francois Hollande. India and France focused on ways to enhance cooperation in counter- terrorism, security and civil nuclear energy.
“France and India have a strategic partnership of 18 years. We have a partnership branching out to various fields…I am honoured to welcome you as our guest for the Republic Day celebrations in Delhi… President Hollande is a very close friend of India.”Hollande’s India visit had been in the talks for weeks, with the Rafale fighter jet deal taking central stage.
“There are some financial issues that will be sorted out in a couple of days, but the memorandum has been signed.”He then went on to add that the Rafale fighter jets have been “proving their mettle in Iraq and Syria,” in the war against terror group ISIS. PM Modi had also signed an inter-governmental memorandum of understanding (MoU) at Paris last year during his visit to France. Rafale jets since then have been looked at as one of the biggest replacements for the MiGs aircrafts that are being phased out of Indian Air Force. The 13 other agreements that have been signed between the two countries include nuclear cooperation, wherein the two counties have agreed to build six nuclear reactors in Jaitapur and the agreements to develop India’s railway as well as science and research sectors.