18:25 GMT24 June 2021
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    Russia-France Mistral Deal (124)

    Moscow and Paris are ready for an agreement on Mistral non-delivery, according to a military source.

    MOSCOW (Sputnik) –A final agreement on French compensation to Russia for the termination of the Mistral delivery is still pending. Moscow has insisted on approximately $1.3 billion in compensation.

    "The governments of both countries need to sign the project document that expert delegations from Russia and France agreed on, and it’s ready to be signed," the source said.

    In November 2014, France canceled a $1.5-billion contract with Russia to deliver two Mistral helicopter carriers, citing Moscow's alleged participation in Ukraine's internal conflict.

    Earlier this week, French Defense Minister Jean-Yves Le Drian said the country's government was encouraged to end the Mistral deal during the October 2014 visit to Washington.

    Le Drian confirmed that the failure to fulfill the contract with Russia is costing the French economy $1.3 billion.

    Russia-France Mistral Deal (124)


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    France, military, Mistral, Russia
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