Nicolas Sarkozy is in Brazil, and has signed contracts totaling over $10 billion for the sale and technology transfer of nuclear submarines and three dozen fighter jets.
A joint statement by both countries has confirmed the purchase of 36 Rafale fighter jets, which would be built by French aerospace company Dassault, for $2 billion.
I have a post coming up at Real Clear World with more details, but what sealed the deal is not only the technology transfer but also that they would be built in Brazil.
Sarko may be short, but he’s doing business.
The Carnival of Latin America and the Caribbean will be up first thing tomorrow morning.