Paris, Moscow Agree On Full Refund For Broken Warship Deal
August 06 2015
France and Russia have reached a final agreement over two undelivered helicopter carriers, reports Bloomberg News.
Paris halted the planned sale of the ships last fall due to Russia's involvement in eastern Ukraine.
France will fully refund Russia for the two Mistral-class carriers and reimburse advanced payments, according to a joint statement made Wednesday.
The amounts involved were not mentioned. However, previous media accounts said the deal was worth US$1.3 billion...
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