Sarkozy promises technology transfer in fighter jet deal

New Delhi - French President Nicolas Sarkozy Tuesday said the multi-billion dollar deal for Dassault Aviation to supply advanced combat jets to Indian Air Force (IAF) will come with "important technology transfers".

In a statement from his office, Sarkozy hailed the Indian government's decision to select the French firm in an estimated $10.4 billion jet fighter deal. He said his government will back Dassault in its talks to finalise the order.

"The negotiation of the contract will begin very soon and has the full support of the French authorities. It will include important technology transfers guaranteed by the French government," the president said.

"This announcement comes following competition that was at a very high level, was fair and transparent and which opposed two European finalists."

He said the Rafale was chosen "thanks to the competitiveness of the global cost of the aircraft over its lifetime".

"The realisation of the Rafale project will illustrate the depth and scale of the strategic partnership between France and India."