The lack of sovereign guarantee in the Rafale deal came to the fore in the Supreme Court on Wednesday, but the attorney general stressed the letter of comfort provided by France was as good as a governmental guarantee. Defence ministry officials also contended the IGA inked between India and France was “by its very definition” a sovereign guarantee.
from Times of India https://ift.tt/2B69Ytp
The lack of sovereign guarantee in the Rafale deal came to the fore in the Supreme Court on Wednesday, but the attorney general stressed the letter of comfort provided by France was as good as a governmental guarantee. Defence ministry officials also contended the IGA inked between India and France was “by its very definition” a sovereign guarantee. https://ift.tt/eA8V8J November 15, 2018 at 03:25AM https://ift.tt/2hJjhqE
Thursday, November 15, 2018
Rafale: 'No sovereign guarantee in other deals too'
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