Friday, May 15, 2015

France Offers Russia 785 mln Euros to Ditch Warship Deal

France has offered Russia 785 million euros to scrap a contentious contract to supply two warships that was suspended due to the Ukraine crisis, a report said Friday.
 
Russian defense sources told Kommersant newspaper that the documents are now "being studied" by the Russian government, defense ministry and other relevant parties who participated in the 2011 deal.
  
But the daily reported that Moscow was not happy with the offer from the French side, with the defense ministry claiming that Russian firms have now incurred 1.16 billion euros of costs associated with the ships.
  
Russian President Vladimir Putin last month played down the importance of the ships and claimed that Russia ordered them mostly to help the French shipyard. The Kremlin strongman, however, made clear Moscow would still like its money back. "We are not planning to demand any penalties or exorbitant fines but all expenses should be returned," he said.
  
While Kommersant reported France is proposing to return only the cash that was paid on the deal, Russia would like to have other expenses reimbursed, such as training 400 sailors for the crews and building port infrastructure in Vladivostok, where the first of the two ships was to be based. "The option of returning the sum in the French offer categorically does not work for us," a source told Kommersant.

 AFP
almanar.com.lb
15/5/15
--
-
Related:
 

1 comment :

  1. Russia ‘wants €1.16 billion’ in compensation from France over Mistral warship deal...

    Russia wants 1.163 billion euros ($1.32 billion) from France in compensation for failing to fulfil a contract to deliver two Mistral helicopter carriers, a Russian source close to the negotiations said on Friday.

    French President François Hollande has come under pressure from his Western allies not to deliver the Mistrals because of Russia’s role in the Ukraine crisis.

    He discussed the 2011 contract, which is worth 1.19 billion euros, with Russian President Vladimir Putin last month, and Moscow has said it is willing to accept financial compensation if Paris does not go through with the deal.

    The source said Russia was eyeing 1.163 billion euros, confirming a report on Friday by Russian daily Kommersant, which also said Paris had offered to pay 785 million euros.

    “The 1.163 billion euros figure is a touch below the value of the contract,” said the source, who spoke on condition of anonymity....france24.com

    ReplyDelete

Only News

Featured Post

“The U.S. must stop supporting terrorists who are destroying Syria and her people" : US Congresswoman, Tulsi Gabbard

US Congresswoman, Tulsi Gabbard, recently visited Syria, and even met with President Bashar Al-Assad. She also visited the recently libe...

Blog Widget by LinkWithin