Hal TEXAS Agreement with Argentina: Defense Minister’s visit generates intense news in India

During the last few months, speculations about the defense deal between Argentina and India have been raging. This story is causing a sensation in the Indian media. Recently, it was announced that the Argentine Defense Minister would visit India. As a result of the Argentine Defense Minister’s agreement, the long-awaited HAL Tejas fighter jet defense deal between the Latin American country and India has started making headlines once again. The visit of the Minister of Defense of Argentina, Jorge Taiana, has captivated the attention of the press and is at its peak. However, the Indian media have been curious about the possible defense deal between the two countries. You are requested to stick to this page and go through it till the end as we have mentioned everything you need to know. Scroll down the page.

Hal Deal TEXAS Argentina

Jorge Taiana visited New Delhi on Monday, July 17, 2023. The visit of the Minister of Defense of Argentina to New Delhi has fueled speculation about the deal centers around the acquisition of around 15 units of HAL Tejas Fighter Jet Mark, which is an advanced light combat fighter jet designed and manufactured by Hindustan Aeronautics Limited, the state-owned company of India. The possible defense deal between India and Argentina may also include LCH (Light Combat Helicopter). We unfold more details in the following sections. Scroll down the page.

The light combat helicopter is an Indian creation that is supposed to be included in the negotiation talks. If it happens, it will be the first substantial defense pact between the Latin American country and the Asian country, Argentina and India. In February, the Aero India 2023 event was held in Bangalore. At this event, Hindustan Aeronautics Limited and the Argentine Air Force signed a support agreement for the Argentine Air Force SA315B Lama fleet which was about to be retired but now has an extension for years of operation due to this agreement. Continue reading this article and learn more details.

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In June, Argentina’s FAdeA signed a Memorandum of Understanding with Hindustan Aeronautics Limited at the Paris Air Show, to explore possible agreements in the field of Maintenance, Repair and Overhaul. On platforms manufactured in the Latin American region, this was aimed at meeting any compensatory needs in the event of potential sales by Hindustan Aeronautics Limited. According to reports, the Argentina-India deal will be made between the currencies of the two nations, no third currency will be used in the deal. Based on 2023 exchange rates, financial guesswork puts the deal at around INR 8,600 crores or USD 1,150 million.

Categories: Biography
Source: vtt.edu.vn

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