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

© Sputnik / Alexey Danichev / Go to the mediabankThe sides completed talks on the termination of the Mistral delivery contract, Vladimir Putin's aide said.
The sides completed talks on the termination of the Mistral delivery contract, Vladimir Putin's aide said. - Sputnik International
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The sides completed talks on the termination of the Mistral delivery contract, Vladimir Putin's aide said.

The Vladivostok amphibious assault ship of the Mistral class at the STX Europe shipyard in Saint-Nazaire. - Sputnik International
Mistral Troubles: France Balancing Between Financial and Image Losses
MOSCOW (Sputnik) — 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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