Kremlin says Russia and France agree on refund for Mistral


Save Story
Leer en español

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

MOSCOW (AP) — A Kremlin aide says Russia and France have agreed on a refund amount for an undelivered French warship.

Vladimir Kozhin, an adviser to President Vladimir Putin, said Thursday in remarks carried by the RIA Novosti news agency that the two countries have completed their talks on how much France will pay for the failure to deliver the Mistral-class helicopter carrier. He wouldn't give the figure, saying it will be announced when the contract is cancelled.

French President Francois Hollande has acknowledged that France will have to give Russia a refund if it doesn't deliver the warship, whose handover to Russia was suspended last year over the Ukrainian crisis.

The 1.2 billion euro deal was supposed to be the biggest arms sale ever by a NATO country to Russia.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most recent Business stories

Related topics

Business
The Associated Press

    STAY IN THE KNOW

    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the KSL.com Trending 5.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.

    KSL Weather Forecast