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Paris and Moscow have terminated the contact for two Mistral-class helicopter carriers, but repayment remains unresolved.
Russia and France signed a 1.2 billion euro ($1.3 billion at the current exchange rate) agreement for the purchase of two Mistral-class helicopter carriers in 2011.
In November 2014, Paris suspended the contract, citing Moscow's alleged participation in the Ukrainian conflict as the reason behind the move. Moscow has repeatedly denied the allegations.
Russia will provide equipment, including helicopters, for the two Mistral carriers which Egypt will receive from France.
The removal of Russian radio-electronic systems from the French-built Mistral-class helicopter carriers commissioned but not received by Moscow is completed, a shipbuilding company DCNS spokesperson said Monday.
The company has a special helicopter, the Ka-52K, designed specifically for Mistral vessels.
Russia will supply equipment and helicopters worth over $1 billion for the Egyptian Mistral helicopter carriers, the Kremlin chief of staff said Monday.
Two Mistral-class helicopter carriers France originally built for Russia will arrive in Egypt in summer 2016, the shipbuilding company DCNS said Friday.
Cairo and Paris signed on Saturday a contract for purchase of two French-made Mistral-class helicopter carriers that were not delivered to Russia.
Egyptian President Abdel Fattah Sisi on Tuesday thanked French President Francois Hollande for his assistance in securing a deal for the resale of two Mistral-class helicopter carriers originally built for Russia, the Egyptian leader’s press office said in a statement.
French President Francois Hollande confirmed Wednesday that France and Egypt had reached a deal on the delivery of two Mistral-class helicopter carriers.
French President Francois Hollande confirmed Wednesday that France and Egypt had reached a deal on the delivery of two Mistral-class helicopter carriers.
Finally sold! Now that Egypt agreed to buy the Mistral-class helicopter carriers built for Russia, France can breathe a sigh of relief.
According to earlier media reports, France will sell the two vessels, initially set to be delivered to Russia, for 950 million euro (over $1 billion).
Egypt has made no official comment regarding its potential purchase of two Mistral-class helicopter carriers France originally built for Russia, a spokesman for the Egyptian Armed Forces told Sputnik on Wednesday.
France's President Francois Hollande and his Egyptian counterpart Abdel Fattah Sisi have agreed on Egypt's acquisition of two Mistral-class ships, the French leader's administration said Wednesday.
A high-profile Egyptian delegation is currently in Paris for talks on the purchase of the two Mistral-class amphibious ships originally built for the Russian navy, the French newspaper La Tribune reported.
Paris expressed hope that a deal on selling two Mistral-class helicopter carriers initially built for Russia to a new buyer would be ready in the coming weeks, French Defense Minister Jean-Yves Le Drian said.
The French parliament’s vote on the Mistral refund deal was a slap in the face of the heroes of the Normandie-Niemen fighter regiment, who fought alongside Soviet airmen during WW II, a French MP said on Thursday.
France's failure to deliver two Mistral warships to Russia came at a high cost to Paris: the country suffered both financial and image losses, French politician Claude Goasguen asserted during a roundtable discussion at the French-Russian Dialogue Association.
The bill was passed with 13 against eight votes.
The decision by the French government to cancel the delivery of two Mistral-class helicopter carriers to Russia would seriously damage France’s reputation, Aymeric Chauprade, a member of the European Parliament and a geopolitical analyst, said.
The negotiations between France and potential buyers of the two Mistral-class helicopter carriers that were initially constructed for Russia are being held in "good conditions", French Foreign Minister claimed Tuesday.