Paris resists liability for Rafale, though it would reduce Dassault’s costs

By Ajai Shukla Business Standard, 14th March 16 Around 2004, when the Indian Air Force (IAF) ordered some 40 additional Sukhoi-30MKI fighters from Russia, India’s cabinet exempted Moscow from providing bank guarantees to cover “performance and delivery liabilities” for the new aircraft. Russia had insisted on this exceptional waiver, given its strategic relationship with India and the

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