Hollande Shot Himself in the Foot by Canceling the Mistral Deal

‘The events surrounding the contract between France and Russia on the construction of two Mistral ships for more than a year have been the focus of different countries. Particular interest to this deal was paid by Washington, where policymakers were convinced that their “training leash” will not allow the sitting authorities in the Elysee Palace to follow the path of the self-determined Charles de Gaulle.

Even more attention to this deal was paid by the states that have already made their first steps toward the development of economic and military cooperation with Paris, or are considering such options. Those were the state sof the Arab world, Africa and Asia. After all, the credibility of a business partner plays a pivotal role in any trade deal, and when this partner is deprived of its own opinion, while being fully dependent on its masters overseas, it provide little assurance.’

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