Thursday, April 9, 2020
Home News Reports UNGA outcome: Erdogan's anti-India stand may cost Turkish company a 2.3 billion USD deal...

UNGA outcome: Erdogan’s anti-India stand may cost Turkish company a 2.3 billion USD deal with Indian Navy

 Financial Express has quoted a senior official saying that the contract for the 45,000-ton fleet support ships (FSS) for the Indian Navy with the Turkish Company could be indefinitely delayed due to Turkey's UNGA statements.

Also Read

OpIndia Staffhttps://www.opindia.com
Staff reporter at OpIndia

Turkish company Anadolu Shipyard, which is one of three shortlisted companies for the selection for the FSS (fleet support ship) project of the Indian Navy may have to bear the brunt for its President Recep Tayyip Erdogan’s unwarranted utterances on Jammu and Kashmir in the recently concluded United Nations General Assembly(UNGA). The company’s collaboration with the Hindustan Shipyard Limited (HSL) for the FSS project pegged at $2.3 billion is likely to be put on a hold.

Financial Express has quoted a senior official saying that the contract for the 45,000-ton fleet support ships (FSS) for the Indian Navy with the Turkish Company could be indefinitely delayed due to Turkey’s UNGA statements.

The officer further speculated that the delay maybe because of the fallout with Turkey at the UNGA following its President’s remarks on Jammu and Kashmir. “It could be a result of Turkey warming up to Pakistan and raising Kashmir issue at the recently concluded 74th United Nations General Assembly (UNGA),” said the officer.

- article continues after ad - - article resumes -

The Turkish Shipyard was L1 and had technically met the requirements for the FSS project for the Indian Navy from among three other global companies who were in the competition for the construction of five ships. The Request for Proposal floated by India had garnered responses from seven global players.

Some of the companies that displayed interest in the proposal were- the German ThyssenKrupp Marine Systems (TKMS), Fincantieri of Italy, Navantia from Spain, Rosboronexports (ROE) from Russia and Turkey’s Anadolu Shipyard. However, at the end of the scrutiny, only three companies- TKMS, ROE and the Turkish Shipyard made the cut based on India’s requirements.

The contract is yet to be signed even as analysis of the technical and financial assessment is underway. According to the proposed deal, Turkish shipyard is expected to provide ship design, supply key machinery equipment (KME) and provide technical assistance to the Indian counterpart.

The second round of negotiations related to price is yet to take place. This is the first time that a Turkish shipyard company, part of TAIS group had participated in any defence contract in India.

However, it appears that Erdogan’s siding with Pakistan may have delivered a body blow to the Turkish shipyard company on its prospects to ink a defence deal with the Indian Navy.

In a strident speech at the UN General Assembly, President Erdogan had mirrored Pakistan’s lines on the Kashmir issue, saying that the issue needs to be resolved through “dialogue on the basis of justice, equity and not through collision”, in an attempt to create an illusion that India has been in the wrong . The Turkish president further added that the stability and prosperity of South Asia with India’s western neighbour is inseparable from the Kashmir issue.

Erdogan yesterday defended his statements on Kashmir saying that he would continue to raise the Kashmir issue. After Erdogan’s hostile comments on Jammu and Kashmir, PM Modi had retorted back in the same coin by meeting the heads of Ankara’s rivals- Greece, Cyprus and Armenia, who have a bone to pick with Turkey.

- Support OpIndia -
Support OpIndia by making a monetary contribution

Trending now

OpIndia Staffhttps://www.opindia.com
Staff reporter at OpIndia

Latest News

Jammu and Kashmir: Jaish-e-Mohammad commander killed in encounter with CRPF

Sajad Nawab Dar, a Commander of Jaish-e-Mohammad, killed in encounter with CRPF in Sopore in Baramulla district of Jammu and Kashmir

Radio Mirchi RJ Sayema defends malevolent Tablighi Jamaat members; claims all TV news about them fake

RJ Sayema brazenly defends the malafide actions of Tablighi Jamaat members claiming that incriminating news about them on TV is all fake

Watch: A heartbeaking video of a three-year-old daughter crying to be with her mother in quarantine, serving as a nurse in Belgavi

Nurse Sugandha had not gone home for 11 days as she is in quarantine for 14 days and her daughter went to bed crying almost every night.

Nizamuddin railway station employee tests positive of coronavirus, 15 health workers including doctors of Railway hospital got infected

15 people including doctors and nurses have been kept in isolation after they came in contact with a Coronavirus positive person

Islamists attack Delhi CM Arvind Kejriwal after he asks them to stay at home on Shab-e-Baraat

AAP Supremo took to social media to request Muslims to stay at home for Shab-e-Baraat, which is being celebrated on the intervening night of 8th and 9th April.

Delhi police trace Nizamuddin Markaz Chief Maulana Saad, will be interrogated after completion of the quarantine period

Markaz chief Maulana Saad has has put himself under self-quarantine and he will be interrogated after the completion of quarantine period

Recently Popular

After PM CARES collects Rs 6,500 crores in just a week, Sonia Gandhi wants it transferred to PMNRF: Here is the real reason

Sonia Gandhi, the current President of the Congress party has asked the Prime Minister to transfer all the funds received under PM CARES, that was set up to fight the Coronavirus pandemic, to the Prime Ministers National Relief Fund (PMNRF)

Indian Army to take over Narela quarantine facility after Tablighi Jamaat attendees defecate in the corridor

Earlier today, two Tablighi Jamaat returnees created a ruckus and defecated in the corridor of the Narela quarantine facility

Did you know that the Prime Minister’s National Relief Fund had the President of Congress party in its managing committee

After PM Modi launched PM CARES Fund, a lot has been discussed about similarities and differences between PM CARES Fund and PMNRF

Tablighi Jamaatis’ piece of sh*t: Attendees defecate in corridor at quarantine centre, FIR registered

After reports of molesting nurses and spitting on hospital staff, two Tablighi Jamaat attendees were reportedly found defecating in the hospital corridor.

Bihar: Elderly woman killed by neighbours after fight over switching off lights on 5 April, Sulaiman, Khalil and others absconding

The families had fought when Surendra Mandal, the deceased woman's son had asked his neighbours to switch off the lights for PM Modi's 9baje9minutes call.

Subscribe to our newsletter

Each morning, get an email to keep updated with all the news, opinions and analysis published by OpIndia.

Connect with us

218,084FansLike
276,812FollowersFollow
214,000SubscribersSubscribe
Advertisements