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Saturday, 2 October 2010 - Dispute over article freezes France-UAE arms talks: source |
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    Edition: U.S. Article Comments (0) Email Print Reprints Read U.S. apologizes for syphilis experiment in Guatemala 1:35pm EDT UPDATE 1-Report to say Waddell stoked flash crash -source 30 Sep 2010 UPDATE 1-Bin Laden criticises Pakistan relief mission 8:09am EDT When vampires become friends, "Let Me In" 12:28pm EDT Single trade kickstarted flash crash: regulators 3:45pm EDT Shared U.S. apologizes for syphilis experiment in Guatemala 1:35pm EDT Health reform to worsen doctor shortage: group 30 Sep 2010 UPDATE 1-Report to say Waddell stoked flash crash -source 30 Sep 2010 UPDATE 1-Bin Laden criticises Pakistan relief mission 8:09am EDT Economy still needs reinforcement: Geithner 30 Sep 2010 Watched Red faces over top model gaff Tue, Sep 28 2010 New planet could support life Thu, Sep 30 2010 Mexican mayor stoned to death Tue, Sep 28 2010 Report Title Price ValuEngine Industry Report for DEFENSE Provider: ValuEngine, Inc. $49.0 Buy ValuEngine Industry Report for TELEPHONE UTILITIES Provider: ValuEngine, Inc. $49.0 Buy Boeing Co Provider: Standard & Poor's STARS Report $35.0 Buy Trading Report for (BA). A detailed report, including free correlated market analysis, and updates. Provider: Stock Traders Daily $18.0 Buy BA: Risk/Reward Rating: Full Report: Cash Truth Behind the Reported Earnings Provider: New Constructs, LLC $10.0 Buy NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here. Dispute over article freezes France-UAE arms talks: source Tweet This Share on LinkedIn Share on Facebook Factbox FACTBOX-Political risks to watch in the United Arab Emirates 4:00am EDT Related News Special report: How Dubai got serious Thu, Sep 30 2010 RPT-SPECIAL REPORT-How Dubai got serious Wed, Sep 29 2010 UPDATE 1-Boeing finalizes $5.3 bln F/A-18 multiyear deal Tue, Sep 28 2010 UAE sees BlackBerry issue solved before deadline Sun, Sep 26 2010 Related Topics World » France » Stocks     By Emmanuel Jarry PARIS | Fri Oct 1, 2010 2:53pm EDT PARIS (Reuters) - A row over a French newspaper article is behind the breakdown of talks for a sale of French warplanes to the United Arab Emirates worth $5-6 billion, a senior French government source said on Friday. UAE officials were angry about a June 26 article in Le Figaro, owned by conservative politician Serge Dassault, whose family-controlled Dassault Aviation made the Rafale, government officials said. The newspaper said the UAE used Israeli technology to help secure its borders. Business with Israel remains a sensitive subject in the Gulf where most countries including the UAE have no relations with the Jewish state. "We understood that it (the suspension) was for several months and we hope the talks will resume," the senior government source said. A spokesman for Dassault Aviation declined comment. Officials in Abu Dhabi could not be reached for comment on Friday, which is the local weekend. The article appeared days after French Defense Minister Herve Morin said a sale of 60 Rafale aircraft to the UAE was near completion in what would be the plane's first export deal. Asked on Friday on the television Parliamentary Channel if talks over arms sales to foreign countries including Brazil and Abu Dhabi had been derailed, he said: "Nothing is messed up." Word that talks over the sale of Rafales could be in trouble surfaced last month when specialist publication Defense News reported that Abu Dhabi had expressed interest in the Boeing F/A-18, a U.S.-built competitor to the Rafale. Sources familiar with the issue confirmed to Reuters in Washington this week that UAE had asked for technical information about the F/A-18 Super Hornet, puncturing exclusive talks with France on the Rafale. Talks over the deal have already taken some time as the UAE pressed for changes to the Rafale including better radar and a more powerful engine to cope more quickly with heavy armament loads given the UAE's proximity to its main regional rival Iran. The Rafale was originally designed to protect France against threats waged over longer distances during the Cold War. The UAE wanted France to boost the thrust on the Rafale's Snecma M88 engines to 9 metric tons from 7.5 metric tons. But there have been protracted negotiations over who should pay for the enhancements, defense industry executives said recently. (Writing by Tim Hepher; Additional reporting by John Irish; Editing by Louise Ireland) World France     Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters.   © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback   Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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