04:35 GMT +313 December 2019
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    This file photo taken on March 16, 2015 off Saint-Nazaire, northwestern France, shows the Sevastopol mistral warship on its way for its first sea trials.

    French PM Valls to Sign Mistral Deal With Egypt Over Weekend

    © AFP 2019 / Georges Gobet
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    Deal Cancelled: What Will Paris Do With Russia's Mistrals? (57)
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    French Prime Minister Manuel Valls will sign an agreement on the sale of two French-made Mistral warships to Egypt during his visit to Cairo on October 10-11, the French government spokesman said Friday.

    PARIS (Sputnik) — Egypt emerged as France’s replacement customer for Mistrals in September 2015 after Moscow and Paris had terminated the $1.3-billion contract in August as Paris accused Moscow of alleged participation in the internal conflict in Ukraine.

    Russia received around $1 billion in compensation for the unfulfilled deal.

    "I believe he will sign [the deal]. We concluded the agreement with Egypt three weeks ago, and its has to be finalized," Stéphane Le Foll told reporters.

    Topic:
    Deal Cancelled: What Will Paris Do With Russia's Mistrals? (57)
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    Mistral, Manuel Valls, Russia, Egypt, France
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