Friday 15 November 2013

Britain's Cameron to visit Gulf as UAE ponders $9 billion Eurofighter deal | Reuters

Britain's Cameron to visit Gulf as UAE ponders $9 billion Eurofighter deal | Reuters:

"British Prime Minister David Cameron will urge Gulf Arab countries to buy the Eurofighter jet system when he visits this week, sources said, as BAE Systems hopes to clinch a $9 billion deal with the United Arab Emirates.

The UAE, which is preparing to host the Dubai Airshow, is choosing between the Eurofighter and France's Dassault Systems Rafale aircraft for an order of at least 60 jets.

The Gulf state had been expected to finalise an agreement for the Rafale last year, but talks faltered following visits by Cameron and after the UAE said the terms were unworkable and uncompetitive.

Industry sources familiar with the Eurofighter said they were hopeful for a step towards the 6 billion pound ($9.6 billion) deal at the air show, such as the signing of a memorandum of understanding or contract."

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