Egypt buys Mistral warships originally built for Russia from France

‘The ill-fated Mistral helicopter carriers, which France refused to hand over to Russia due to the Ukrainian crisis, have been sold to Egypt by Paris for a reported €950 million.

“We unwound the contract we had with Russia, on good terms, respectful of Russia and not suffering any penalty for France,” French President Francois Hollande said as he arrived at an EU summit in Brussels on Wednesday.

“Yesterday, I agreed the price and conditions of this sale with (Egyptian) President (Abdel Fattah al-) Sisi and so France will ensure the delivery of these ships without losing anything, while helping protect Egypt,” he added.’

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