The Prague Post - France and India hail growing ties as Modi hosts Macron

EUR -
AED 4.2881
AFN 75.895344
ALL 92.614205
AMD 422.257532
ANG 2.089794
AOA 1071.878386
ARS 1748.233453
AUD 1.640624
AWG 2.103183
AZN 1.993783
BAM 1.956075
BBD 2.338059
BDT 141.850542
BGN 1.980718
BHD 0.437762
BIF 3469.821346
BMD 1.167624
BND 1.481765
BOB 13.412885
BRL 6.047706
BSD 1.160878
BTN 111.098137
BWP 15.67827
BYN 3.530842
BYR 22885.432131
BZD 2.334658
CAD 1.611146
CDF 2654.009048
CHF 0.93358
CLF 0.027349
CLP 1076.374527
CNY 7.857818
CNH 7.852435
COP 3564.849752
CRC 519.473002
CUC 1.167624
CUP 30.942038
CVE 110.281915
CZK 24.166608
DJF 206.711705
DKK 7.475853
DOP 68.199584
DZD 154.809475
EGP 59.256811
ERN 17.514361
ETB 189.612247
FJD 2.56737
FKP 0.862168
GBP 0.858175
GEL 3.032061
GGP 0.862168
GHS 12.912819
GIP 0.862168
GMD 85.817112
GNF 10199.65176
GTQ 8.858207
GYD 242.845409
HKD 9.157045
HNL 31.125507
HRK 7.534906
HTG 151.83719
HUF 363.755184
IDR 20749.088718
ILS 3.478644
IMP 0.862168
INR 111.666372
IQD 1520.733248
IRR 1605016.071878
ISK 142.216693
JEP 0.862168
JMD 183.426563
JOD 0.827812
JPY 185.200947
KES 151.148965
KGS 102.108462
KHR 4693.840534
KMF 492.737444
KPW 1050.862022
KRW 1628.613565
KWD 0.359944
KYD 0.967348
KZT 536.212243
LAK 26142.785841
LBP 103953.244182
LKR 384.175634
LRD 210.691413
LSL 18.860593
LTL 3.44769
LVL 0.706285
LYD 7.388133
MAD 10.763413
MDL 20.01907
MGA 5002.724465
MKD 61.533647
MMK 2451.130146
MNT 4200.120025
MOP 9.375177
MRU 46.442527
MUR 54.667901
MVR 18.039921
MWK 2012.891495
MXN 19.802666
MYR 4.720715
MZN 74.605354
NAD 18.860593
NGN 1569.812551
NIO 42.718381
NOK 10.885515
NPR 177.757981
NZD 1.96113
OMR 0.448954
PAB 1.160863
PEN 3.909066
PGK 5.141723
PHP 71.901712
PKR 322.162313
PLN 4.317348
PYG 6983.071052
QAR 4.232149
RON 5.247886
RSD 117.324023
RUB 97.202654
RWF 1710.447697
SAR 4.385715
SBD 9.378658
SCR 17.224799
SDG 702.342874
SEK 11.019061
SGD 1.484733
SHP 0.865053
SLE 28.714468
SLL 24484.492417
SOS 663.396069
SRD 44.068443
STD 24167.461204
STN 24.504388
SVC 10.157558
SYP 15181.448286
SZL 18.865894
THB 38.371598
TJS 10.708697
TMT 4.086684
TND 3.392662
TOP 2.811359
TRY 55.979166
TTD 7.87414
TWD 37.219776
TZS 3093.004674
UAH 51.902216
UGX 4329.274702
USD 1.167624
UYU 46.526937
UZS 13697.98366
VES 906.595126
VND 30545.04615
VUV 138.031249
WST 3.171147
XAF 656.052006
XAG 0.017429
XAU 0.00026
XCD 3.155563
XCG 2.092121
XDR 0.825571
XOF 656.057625
XPF 119.331742
YER 276.814467
ZAR 18.797651
ZMK 10510.016324
ZMW 21.736334
ZWL 375.97448
  • RYCEF

    0.0200

    20.83

    +0.1%

  • CMSC

    0.0580

    21.298

    +0.27%

  • RBGPF

    0.3500

    69.35

    +0.5%

  • GSK

    1.7300

    52.88

    +3.27%

  • BP

    0.3200

    43.73

    +0.73%

  • BTI

    -0.4000

    55.98

    -0.71%

  • RIO

    3.7500

    100.44

    +3.73%

  • AZN

    4.8500

    164.95

    +2.94%

  • NGG

    -1.4900

    80.66

    -1.85%

  • RELX

    0.5900

    35.1

    +1.68%

  • VOD

    0.0400

    16.17

    +0.25%

  • CMSD

    0.0600

    21.15

    +0.28%

  • BCC

    2.9500

    83.13

    +3.55%

  • BCE

    0.3400

    23.7

    +1.43%

  • JRI

    -0.0600

    12.38

    -0.48%

France and India hail growing ties as Modi hosts Macron
France and India hail growing ties as Modi hosts Macron / Photo: Ludovic MARIN - AFP

France and India hail growing ties as Modi hosts Macron

France and India celebrated their ties as a force for global stability, as President Emmanuel Macron kicked off a three-day visit focused on technology and defence cooperation on Tuesday.

Text size:

A potential multibillion dollar fighter jet deal is also on the table, with officials travelling with Macron expressing confidence that a contract for 114 Rafales can be finalised.

Speaking to reporters after his meeting with Macron in Mumbai, India's Prime Minister Narendra Modi said that "in today's turbulent world, this is a partnership for global stability."

Macron said the "remarkable acceleration" of ties with India came in response to the "changing international order".

Both leaders had earlier referred to each other as their "dear friend", in posts on social media.

Macron is on his fourth visit to India since taking office in 2017, accompanied by his wife Brigitte.

He began his trip in India's financial capital, honouring the victims of the 2008 Mumbai attacks and meeting Bollywood film stars before sitting down with Modi.

The visit follows New Delhi's confirmation last week that it intends to place a major order for Dassault Rafale jets, as well as the signing of a landmark free trade agreement between India and the European Union in January.

Macron will travel to New Delhi for an artificial intelligence summit on Wednesday and Thursday.

- 'Contract of the century' -

New Delhi has sought over the past decade to reduce its dependence on Russia, its traditional main supplier of military equipment, turning to other countries while also pushing for more domestic production.

An Indian defence ministry statement last week said the proposed purchase of Rafale jets had been cleared -- with "the majority" of them to be manufactured in India.

Christophe Jaffrelot, an India specialist at Sciences Po Center for International Studies in Paris, described the potential 30-billion-euro ($35-billion) deal for 114 Rafales as the "contract of the century".

If finalised, the jets would add to the 62 Rafales that India has already purchased.

The French presidency has voiced optimism that what it calls a "historic" agreement could be reached.

Modi and Macron also inaugurated via videoconference India's first helicopter final assembly line, a joint venture between India's Tata Group and Airbus.

The facility in Vemagal, in the southern state of Karnataka near the tech hub of Bengaluru, will manufacture the Airbus H125, the company's best-selling single-engine helicopter.

- 'Good chemistry' -

France has emerged as one of India's most important defence and economic partners in the last decade.

"Through this visit, we seek to further strengthen cooperation" with India, and to "diversify" France's economic and trade partnerships, Macron's office said.

India, the world's most populous country with 1.4 billion people, is on track to become the fourth-largest economy globally.

This week's talks are also expected to address global economic uncertainty triggered by tariff policies under US President Donald Trump, as well as China's influence in the region.

Bilateral trade between France and India, driven largely by defence and aerospace -- India's commercial fleet includes a substantial number of Airbus aircraft -- stands at around $18 billion annually.

French foreign direct investment in India totals nearly $15 billion.

The two leaders will also be keen to nurture close personal ties.

"There is apparently a good chemistry, a good personal rapport," Jaffrelot said.

One sensitive issue remains Ukraine: India has not condemned Russia's 2022 invasion and has continued buying oil from Moscow.

US President Donald Trump has said India had committed to halting the purchases, though that has not been formally confirmed by New Delhi.

Macron, speaking alongside Modi in Mumbai, urged him to "support the establishment of an immediate and lasting moratorium on attacks against civilians and civilian infrastructure" in Ukraine.

V.Sedlak--TPP