15:55 GMT05 August 2021
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    Deal Cancelled: What Will Paris Do With Russia's Mistrals? (57)
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    Cairo and Paris signed on Saturday a contract for purchase of two French-made Mistral-class helicopter carriers that were not delivered to Russia.

    CAIRO (Sputnik) — The official signing ceremony was held earlier in the day in the presence of Egyptian President Abdel Fattah Sisi and French Prime Minister Manuel Valls.

    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 amid France's accusations of Russia over its alleged role in the conflict in eastern Ukraine.

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

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    Deal Cancelled: What Will Paris Do With Russia's Mistrals? (57)

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    Tags:
    Russia, France, Egypt, Manuel Valls, Abdel Fattah al-Sisi, Mistral
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