Japan may cut price to ink aircraft deal with India
NEW DELHI: Japan is negotiating the sale of Shinmaywa US-2 search and rescue aircraft with New Delhi not for any economic gain, but because it considers India a friendly country , Tokyo has said amid reports that the deal for 12 amphibious aircraft had collapsed over pricing and technology transfer issues.
Top Japanese defence ministry sources told TOI in an exclusive interaction that they would look at reducing the price for the $1.6 billion aircraft deal as much as possible, in a fresh attempt to revive the negotiations. The agreement, if it happens, will have a huge symbolic significance as a message to China about deepening defence and security cooperation between India and Japan, both victims of Chinese territorial aggression.
“Our position is that if this agreement happens, it will have a very favourable impact on our relations with India,” said a Japanese defence ministry official. “We understand there are some consultations under way in India over pricing. Pricing is determined by several factors. We are not doing this for economic gains but for our friendly relations with India and can look at reducing the price to the extent possible,” added the official.
Procurement of amphibious planes would be a great boost to the country”s defence. Our Govt too therefore be flexible while conducting negotiations.
Good. Japan and India should jointly oppose China and isolate it.
14 mins ago
This govt is playing all its card well!! It is engaging Japan, Vietnam and US on one side and Iran,Afghanistan and Baluchistan on the other side. It is countering China in Africa as well. Good pincer move against china and its interests.
Its a good news. By the way, the Modi haters will cry today after reading this good news
Technology transfer is welcome.
Japan is a true friend of India.
The difference between UPA and NDA is seen from this
Modi”s one-man deal will secure his loot ; nobody can find out the money being siphoned away.
it augurs well and thank you Japan for your gesture. we can peruse the deal about amphibious aircraft and settle the same in amicable terms . let Indo Japan Friendship grow further
if it was UPA govt. then all the efforts would have been made to increase the prices and the difference paid to Cottorochi type middle man sitting in motherland Italy.
Shrikant Divakar Vaidya
Fekuji you are blinded by hatred for Modiji. U cant see that Japan is reducing price to maximum.