Russia hints India could refloat MMRCA tender

ibnlive.in.com - 8/23/2012

A senior Russian official has hinted that India could cancel the results of the Medium Multi-Role Combat Aircraft (MMRCA) tender and refloat it. A report in the The Hindu newspaper quoted Russian Defense Ministry spokesman Vyacheslav Dzirkaln as saying that India and France had failed to reach agreement on crucial issues including technology transfer and financial terms.

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