French Foreign Minister Laurent Fabius confident about talks on Rafale deal

French Foreign Minister Laurent Fabius on Monday said that he was confident about the final outcome of bilateral talks with India to sell 126 Rafale fighter jets.

“The discussion is developing in a very positive way… We are very confident about the final outcome,” Fabius told media here.

India chose Dassault Aviation’s Rafale in 2012 over other international jet manufacturers, but disagreements over cost and work-sharing have slowed talks, while India’s weak economy has stretched government finances.

France also offered a credit line of up to one billion euros for sustainable infrastructure and urban development in India.

“France will be proposing a credit line of up to one billion euros over the next three years for sustainable infrastructure and urban development in India,” added Fabius. (ANI)