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It's Over: Russia, France Agree Mistral Contract Breach Settlement

Blue Marlin

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Russia and France have agreed the terms of the settlement of the contract on delivery of two Mistral-class helicopter carriers to Russia, which have been suspended by Paris, a Kremlin official said Thursday.


"The talks have been completed, everything is settled — the schedule and the amount, which Paris will repay to Moscow," Vladimir Kozhin, President Vladimir Putin's aide on military-technical cooperation, told RIA Novosti.

"I hope that an agreement on the termination of the contract will be signed very soon, and we will be able to announce the sum that France will pay us," Kozhin said.

Russia and France signed a $1.36-billion contract for the purchase of two Mistral-class helicopter carriers in 2011. However, in November 2014, France suspended the contract, citing Moscow's alleged participation in the Ukrainian conflict.

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India can buy it and lease it to russia. Legally owned by india but operated by russia.:-)
 

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