Russia Welcomes Hollande’s Statement To Return Money If Mistral Deal Fails

  • Our Bureau
  • 04:19 PM, April 24, 2015
  • 2706

Moscow has welcomed French President François Hollande’s statement that his government will reimburse Russia if negotiations fail between the two nations over delivery of two Mistral Warships; Ria Novosti reported today quoting a diplomatic source as saying.

"If the boats are not delivered, then I don't see how they could be paid for," Hollande told journalists after meeting with Ukrainian President Petro Poroshenko on Wednesday. "Among the various scenarios, there will either be reimbursement or payment."

"This is a very valuable statement for us," the source said in regards to Hollande's recent suggestion to return money Russia had paid for the delivery of Mistral ships.

Russia and France signed the €1.2 billion ($1.5 billion) deal for the two Mistral-class ships in June 2011. While the first carrier, the Vladivostok, was expected in Russia until the end of November, but never arrived, the second ship, the Sevastopol, was supposed to arrive in 2015.

France put the delivery on hold, citing the situation in eastern Ukraine as the reason behind the decision.

Relations between Russia and the European Union member countries have deteriorated amid the Ukrainian crisis, as European leaders kept blaming Moscow for its alleged involvement in the Ukrainian internal conflict – a claim that Kremlin has repeatedly denied.

Also Read

Mistral Provides Underwater Sonar To Latin American Nations

April 6, 2015 @ 02:48 PM

Final Decision On Mistral Helicopter Carriers Expected By May, No Sanctions On...

March 19, 2015 @ 01:14 PM

High Maintenance Costs May Force France To Relocate Mistral Helicopter Carrier

March 17, 2015 @ 02:00 PM

Mistral, Delayed Submarine Projects May Cause Euro 300 Million loss to DCNS

January 23, 2015 @ 11:14 AM

DCNS Develops New Landing Craft to Complement Mistral

January 20, 2015 @ 09:59 AM

France, Russia Mistral Talks Fail, Negotiations to Resume

June 4, 2015 @ 02:36 PM

Russia Does Not Want Mistral Warships, Only Refund

May 27, 2015 @ 09:09 AM

France Denies Sale Of Russian Mistrals Destroyer To China

May 12, 2015 @ 03:46 PM

France May Seek Foreign Buyers For Mistral After Refunding Russia

May 11, 2015 @ 10:47 AM

Russia May Resume BlackJack Supersonic Bomber Production

April 30, 2015 @ 01:04 PM

Russia Sets To Develop Amphibious Armored Engineer Vehicles

April 30, 2015 @ 12:55 PM