France admits Indian helicopter deal off and says will re-bid

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France admits Indian helicopter deal off and says will re-bid


1 day ago
NEW DELHI (AFP) — France's foreign minister admitted that a deal for European aerospace giant EADS' unit Eurocopter to supply 197 helicopters to the Indian army had been officially cancelled.
Bernard Kouchner said he was "not satisfied" with the collapse of the 600 million dollar deal, but asserted Eurocopter would re-bid once India floats fresh global tenders.
The Indian defence ministry said on December 6 that Eurocopter's successful tender for the helicopters had been scrapped, although the firm and the French embassy here contested the validity of that announcement.
The ministry has not said publicly why the deal was pulled, but senior defence sources have alleged that Eurocopter used a local go-between despite an Indian ban on the use of middlemen in defence deals.



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http://afp.google.com/article/ALeqM5i-tcvKoF3cBNR6bhQ5JDAzY83-Eg
 
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