French Prime Minister Manuel Valls will sign a contract on the sale of two French-made Mistral warships to Egypt during his visit to Cairo on October 10-11.
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, The French government spokesman said today.
Russia received around $1 billion in compensation for the unfulfilled deal.
"I believe he will sign [the deal]. We concluded the agreement with Egypt three weeks ago, and its has to be finalized," Stéphane Le Foll said.
Egypt's purchase of the Mistral Helicopter Carriers is said to be partly financed by certain Gulf Cooperation Council countries, though there is no offocial word from Egypt.
Russia has offered the 5P28 Pobeditel electronic warfare systems and the Kamov helicopters developed for the Mistral warship which France likely to sell to Egypt, Sergey Chemezov, CEO of Rostec Corporation has said. “If Egypt decides to acquire the Mistral helicopter warships, then of course we will offer them the helicopters that we developed just for this ship,” Chemezov said in a statement to TASS
Poland and other East-European NATO allies threatened to cancel defence deals with France if it sold the Mistral Warship to Russia. This information has been revealed in recently released transcripts from the French Senate's International Affairs Committee that Eastern European NATO member states have put "significant pressure" to scrap the USD$ 1
KRET and United Instrument Manufacturing Corp (UIMC) are ready to equip Egypts Mistral Warships with Electronic Warfare and Communication systems. “KRET has proposed to outfit the Mistral ships, previously intended for the Russian Navy with 5P28 Pobeditel electronic warfare defense systems, which can be installed on large ships such as aircraft carriers, helicopter carriers, and cruisers
France will most likely deliver two Mistral warships to Egypt by the first half of next year. “France is about to finalize all issues related to the deal but he believes that the delivery of the warships will not take place before the end of 2015,”Andre Baran, French ambassador to Egypt was quoted as saying by state news agency Mena Monday
A delegation from Egypt is likely to be in Moscow on Tuesday to discuss Russian hardware for the Mistral-class helicopter carriers. "After the 20th, in about a week, a delegation from Egypt will come to us to discuss possible supplies of certain blocks of radio-electronic equipment for the Mistrals, which Egypt has bought from France," an unnamed source was quoted as saying by Tass last Saturday
The French President Francois Hollande is eyeing to sell new ships to Russia despite canceling Mistral-class helicopter carrier deal. "Things went well with Russia, which has agreed to cancel the contract
DCNS has signed a contract October 10 to deliver two Mistral class projection and command ships to Egypt. Hervé Guillou, Chairman and CEO of DCNS announced, “After the contracts for the supply of four GOWIND corvettes and a FREMM frigate, we have signed a contract for the delivery of two MISTRAL-class BPCs
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