France to fund Rafale F5 project independently following rift with UAE: Reports
Paris, Apr 3 (Sputnik/UNI) France will be forced to independently finance its Rafale F5 fighter jet project due to disagreements with the United Arab Emirates over participation in the development, French newspaper La Tribune reported.At France's request, the UAE was prepared to finance 3.5 billion euros ($4 billion) of the total budget of approximately 5 billion euros for the fighter jet's modernization by the end of last year, the report said on Thursday.The UAE was initially interested in investing in the project, but both sides were unable to reach a common understanding regarding their participation, the report read.The UAE reportedly wanted to actively participate in the project, while the French side, after careful consideration, dec...
To read the full article or to get the complete feed from this publication, please
Contact Us.