France-UAE talks over Rafale stalled
Source: BI-ME with Reuters , Author: Posted by BI-ME staff
Posted: Wed May 30, 2012 11:49 am

UAE. Negotiations between France and the United Arab Emirates over the potential sale of 60 Rafale warplanes to the Gulf nation have "stalled", La Tribune newspaper reported on Tuesday.

The on-off negotiations have been under way for more than a year and were given high-profile support by former French president Nicolas Sarkozy, who mounted a diplomatic campaign to win the first firm export order for the Dassault-built jet.

Talks hit an obstacle in November when Abu Dhabi publicly criticized Dassault Aviation over the price of the multi-role combat jet and sought information on the competing Eurofighter Typhoon . It has also had contacts with U.S. Boeing over the F-18 warplane.

But talks were reported to have taken off again ahead of the recent French elections.

Citing unidentified French industry and government sources, La Tribune said Abu Dhabi's leadership now appeared less hurried to close a deal and would be gauging the diplomatic engagement of President Francois Hollande, a Socialist who replaced Sarkozy earlier this month.

Dassault declined to comment when contacted by Reuters.

India selected the Rafale to enter exclusive negotiations for a potential 126-plane order in late January, beating the Eurofighter, but analysts say the US$10 billion deal could also be influenced by the outcome of arms talks between France and UAE.

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: September 2, 2014
INTERNATIONAL. U.S. strategic conception must evolve away from seeing these conflicts as distinct theaters into seeing them as different aspects of the same theater: the Black Sea.
date:Posted: September 1, 2014
UAE. The Middle East's top brands have grown by an average of 38%, according to The Brand Finance Middle East 50; This brings the total value of the top 50 above US$50 billion for the first time; Emirates holds the top spot and remains far ahead of the rest.
date:Posted: September 1, 2014
SAUDI ARABIA. Consumer spending also remained robust; Non-oil exports rebound owing to greater production of petrochemicals and plastics.
dhgate