However, it turns out that the official representative from France had no idea about the details of the arms deal contract, French weekly Paris Match reported.
The arms export contract was signed between DCNS, a French company that specializes in naval defense and energy, and Rosoboronexport, Russia's agency for defense-related exports and imports, in 2011.
- The ships are likely to be sold to a third party30.3% (688)
- France will play dog in the manger and drown Russia's Mistrals14.9% (339)
- France doesn't really have a choice; the ships must be delivered to Russia54.8% (1245)
The contract signed between the two parties in June 2011 said that in case DCNS cannot fulfill its obligations, the company will have to refund Rosoboronexport all payments made according to the contract. Meanwhile, the government of France will take all appropriate measures to ensure that DCNS makes all required payments or reimbursements on time.
Earlier, Gartier said that France could only refund 785 million euros. The amount is much less than the actual sum that the French side must pay back. According to experts, the refund of 785 million euros offered by France does not even cover Russia's down-payment amount.