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Feb 23, 2015

France inked an agreement with which country for sale of 24 Rafale fighter plane?

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    Feb 24, 2015

    On February 16, 2015 France signed an agreement with Egypt for sale of 24 Rafale fighter plane, which will cost around 5.2-billion-euro. The deal was signed at the Presidential palace in Cairo in the presence of French Defense Minister Jean-Yves Le Drian and Egyptian President Abdel Fattah el-Sisi. The deal is also expected to act as a catalyst to unblock sale of Rafale fighter planes to other countries. This is because attempts to sell the Rafale jets to countries such as South Korea, Singapore, Morocco, Switzerland and Brazil did not fructify as Rafale lost to its foreign competitors.

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