MOSCOW, Russian Federation. Russian President Vladimir Putin and French President Francois Hollande have reached an agreement to cancel the contract to deliver two Mistral helicopter carriers, the Kremlin press service said on Wednesday.
The parties agreed that Russia will be returned the funds which it had already paid under the contract, as well as all its equipment and materials. France has already transferred the money.
“France has already transferred these funds and, after the return of equipment, will acquire ownership and be able to take charge of both ships,” the Russian president’s press service said.
“Moscow considers the Mistral issue completely resolved.”
Russia plans to send a team of experts to France to remove the equipment installed on Mistral helicopter carriers in September.
“A team of specialists is currently being prepared for the dismantling of the communications equipment from the helicopter carriers. Their departure for France is planned for this September,” an anonymous Russian official told TASS.
The Mistral contract worth €1.2 billion that was signed by the French DCNS/STX Company and Russian Defense Export Corporation Rosoboronexport in 2011 envisaged delivering two French helicopter carriers to Russia, with the first one to be delivered in 2014 and the second one in 2015.
However, the French government decided not to hand the vessels over to Moscow after it came under intense political pressure from the US and its European allies following Crimea’s reunification with Russia and the outbreak of armed conflict in eastern Ukraine.
Despite the protests of workers involved in the construction of the vessels, French Defense Minister Jean-Yves Le Drian said in November that France would not deliver Mistrals to Russia, “even if it cost the country €1.2 billion ($1.3bn).”
Credit: RT
