India has assured France that all issues in the multi-billion dollar deal for the 126 Rafale combat aircraft would be "resolved in a fast-track manner" as the two sides agreed to overcome the differences over the long -delayed project.
The French and Indian defence ministers agreed on Monday to overcome any differences and finalise the sale of 126 fighter jets to India in a deal worth an estimated $15 billion, the Indian defence ministry said.
French Defence Minister Jean-Yves Le Drian on Monday night raised the issue of the multi-billion dollar deal for 126 Rafale combat aircraft during talks with his Indian counterpart Manohar Parrikar who said it would be "resolved in a fast-tracked manner".
A UK trade body has said that it still sees the potential of supplying Eurofighter to India, which has postponed till the next fiscal its plan to buy 126 fighter planes from France`s Dassault Aviation.
India will finalize the USD 15 billion deal to buy 126 Rafale fighter jets from France`s Dassault Aviation by March 2014, an Indian Air Force official said on Thursday, after the deal had been held up by differences over local manufacturing.
India and French firm Dassault Aviation on Monday decided to keep aside their sharp differences over contractual obligations and move ahead on the other aspects of the deal to procure 126 multirole combat aircraft for the IAF.