The French have finally found a buyer for the two Mistral helicopter carriers they built for the Russians.
The state-of-the-art ships will be going to Egypt
after President Franois Hollands and President Abdel Fattah al-Sisi
shook on a deal that will ensure the French don’t lose money on the
sale.
The French agreed to reimburse Russia 950 million euros last month
after Paris scotched the sale following Russia’s intervention in Ukraine
and subsequent western sanctions.
The Egyptians say one vessel will be based in the Mediterranian and
one in the Red sea. It is likely the purchase will be part-funded by
Gulf Arab states, currently conducting joint operations in Yemen.
It is the latest chapter in a growing military
relationship between Paris and Cairo, which recently saw the sale of 24
Rafale advanced fighter planes to Egypt, along with several warships.
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French Mistral helicopter carriers were sold to Egypt
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