The Quotes are Powered By Forexpros, the Forex, Futures, and Stock Markets Portal.




Political Economy

    Advertisement  

 

Brazil is stepping up negotiations on the Gripen purchase deal

Tuesday, 17 December 2013
Brazil has stepped up negotiations with Sweden for the purchase of the JAS Gripen aircraft from Saab, according to various reports.

Reports from Swedish press refer to Brazilian new reports that the Swedish fighter jets are reported to be the clear favourite for the Brazilian military build-up.saab Gripen

Ever since August, when it became known through the whistle-blower Edward Snowden that the U.S. has been spying on almost everyone including Brazil and its government, the Brazilian Ministry of Defense has increased the pace of its negotiations with Sweden for the purchase of 36 JAS Gripen aircraft from Saab, writes Swedish news agency TT, referring to the newspaper, Folha de São Paulo on Monday.

According to TT, the same newspaper revealed this weekend that the country intends to abstain from making a possible deal with combat aircraft Rafale, made by Dassault of France, because it is considered too expensive by President Dilma Rousseff. The information has not been confirmed.

This means that the Swedish Jas Gripen is left as one of two candidates. The other is the American Boeing F/A-18 Super Hornet. The newspaper does not believe in any final decision before 2015, after the Brazilian presidential elections in October 2014.

Other sources on a Brazilian defence procurement interest signify that the Swedish Gripen fighter jets are being taken seriously as the clear favourite for the Brazilian Air Force’s procurement. The country’s President Dilma Rousseff herself is the one who will take the final decision, sources said.
Saab remained mute when questioned about the issue by TT.
By Scancomark.com Team

Print Friendly and PDF