Subscribe to Print Edition | Sat., March 14, 2009 Adar 18, 5769 | | Israel Time: 03:41 (EST+7)   Back to Homepage web haaretz.com Haaretz Toolbar Diplomacy Defense Jewish World Opinion National Print Edition Car Rental Books Haaretz Magazine Business Real Estate Joy of Giving Travel Week's End Anglo File

Last update - 00:00 20/08/2008 Indian gov't okays over $1.5 billion in arms deals with Israel By Ora Coren Tags: IAI, Rafael, Israel, India The Indian Cabinet Committee on Security has given the go-ahead for two mega-deals with Israeli defense industries in India, claim sources in the know. Local sources say that the committee approved a $1.5 billion Israel Aerospace Industries project to develop and upgrade the Barak surface-to-air missile. The council also approved a $270 million purchase of Rafael's SpyDer defense systems. According to Indian news reports, Rafael has already inked the final agreement, and IAI is expected to renew negotiations shortly. Advertisement The deal has been held up because the Indian Central Bureau of Investigations accused India's former defense minister and president of the Samata Party George Fernandes of accepting NIS 435,000 in kickbacks from the IAI to fix a tender for anti-ship missiles in IAI's favor. The IAI and Fernandes denied the allegations, which Fernandes says were politically motivated. The Rafael deal was also suspended, apparently under the shadow of similar allegations. Rafael denies the allegations. According to the Times of India the development project for the new generation of Barak missiles will also move forward, and the missiles will be operational by 2011. Related articles: Reputed Indian newspapers taken in by Nazi war criminal hoax Zisser vows to avoid mistakes of Eastern Europe in India Terrorism is un-Islamic, say Muslim scholars in India Bookmark to del.icio.us   Historical invention Scholar Rachel Elior says The Essenes, the Dead Sea Scroll 'authors,' never existed Arms set to music Bollywood-style arms dealer promotional video dubbed 'most atrocious of all time'   1.   when will the indian govt. learn...? 09:45  |  ravi 20/08/08   2.   To # 1 Ravi 12:39  |  Jeet 20/08/08   3.   Steal technology from U.S., sell to India! 12:39  |  Samy 20/08/08   4.   Good move Israel 13:26  |  Guy From NYC 20/08/08   5.   Shame,shame on the Government of India for promoting the Death 13:27  |  lakshmi 20/08/08   6.   Are you from which planet 14:33  |  Rao 20/08/08   7.   #4 Guy from NYC 14:42  |  Reuben 20/08/08   8.   Good for India, and good for Israel. 14:43  |  Raymond in DC 20/08/08   9.   Aplogies - Pakistan Air Force 1973 14:48  |  Reuben 20/08/08   10.   Good going India nice to see our friendship growing 15:17  |  zionist forever 20/08/08   11.   India is well aware 17:14  |  Dr Noam 20/08/08   12.   Common cause 17:14  |  Dr Noam 20/08/08   13.   # 10 Zionist 17:25  |  Axel 20/08/08   14.   That means Pakistan will sign a similar deal with Russia and Iran 18:30  |  Aounist 20/08/08   15.   To chandigarh in the Punjab 18:50  |  Arie 20/08/08   16.   to # 2 jeet 03:17  |  sal 14/03/09

Read & React Sources: Israel agrees to free all 450 Hamas prisoners for Shalit Responses: 36 Gideon Levy: Has anyone in Israel stopped to ask why the Swedes hate us? Responses: 113 U.S. citizens critically hurt at West Bank anti-separation fence protest Responses: 54 Ron Breiman: No room for two states Responses: 31 Who is Marwan Barghouti, the man Palestinians love to love? Responses: 14 More Headlines 00:14 Likud, Kadima hold informal coalition talks 01:29 Nasrallah vows Hezbollah will never recognize Israel 22:51 U.S. citizens critically hurt at West Bank protest 23:17 2 Qassams hit Negev day after Hamas condemns rocket fire 22:07 Shalit family hold Shabbat dinner at protest tent 14:44 Gideon Levy / Has anyone in Israel asked why the Swedes hate us? 19:50 Dutch teens convicted of insulting Jews ordered to visit Anne Frank House 20:13 Arms dealer promotional film dubbed 'most atrocious of all time' 11:57 Sources: Israel agrees to free all 450 Hamas prisoners for Shalit 14:45 Ahmadinejad: Sanctions against Iran are 'childish' 12:29 ANALYSIS / Even God may find it hard to help Olmert close Shalit deal 17:01 National Union: Likud to incorporate yeshiva funding into state budget 04:38 Scholar: The Essenes, Dead Sea Scroll 'authors,' never existed 23:41 Prof. Neeman to take Justice Min. as Lieberman given absorption portfolio Previous Editions Select Day 13 mar 12 mar 11 mar 10 mar 09 mar 08 mar 06 mar 05 mar 04 mar 03 mar 02 mar 01 mar

Special Offers Advertisement Spring Specials-Dan Hotels Jerusalem from 179$. Tel-Aviv from 223$. Herzliya from 336$ Dead Sea Skin Care Quality cosmetics from the Dead Sea. Coupon code HAARETZ for 12% off! Summer in Israel Israeli style - Tzofim Chetz V'Keshet 2009 Passover Vacations The BEST Passover Vacations around ? Mexico, Arizona and Florida Camp Kimama Israel 2009 The best place for your children this summer Eldan Rent a Car Israel's leading car rental company offers you a 20% discount on online reservations Jewish Singles Personal Ads Find the love of your life on JDate.com Junkyard Junk a car - get free towing nationwide and a tax-deductible receipt

Home | TV | Print Edition | Diplomacy | Opinion | Arts & Leisure | Sports | Jewish World | | Israel 2009 election results

Site rules | Makom: Engaging on Israel | Search engine marketing

Haaretz.com, the online edition of Haaretz Newspaper in Israel, offers real-time breaking news, opinions and analysis from Israel and the Middle East. Haaretz.com provides extensive and in-depth coverage of Israel, the Jewish World and the Middle East, including defense, diplomacy, the Arab-Israeli conflict, the peace process, Israeli politics, Jerusalem affairs, international relations, Iran, Iraq, Syria, Lebanon, the Palestinian Authority, the West Bank and the Gaza Strip, the Israeli business world and Jewish life in Israel and the Diaspora.

© Copyright  Haaretz. All rights reserved