Confederations Cup: Russia vs Portugal match sold out, says FIFA secretary generalSport April 25, 21:20
Russian diplomat suggests UN should develop strategy to fight fake newsRussian Politics & Diplomacy April 25, 20:16
Putin backs creation of system to promote Russian goods on domestic marketBusiness & Economy April 25, 19:15
OSCE concerned over Russia’s declaring Jehovah’s Witnesses extremist organizationWorld April 25, 19:00
Russia to complete import substitution program for helicopter engines by 2019Military & Defense April 25, 18:39
Government is not going to reject floating ruble rate, Putin saysBusiness & Economy April 25, 18:10
Russian Navy rids itself of dependence on Ukrainian enginesMilitary & Defense April 25, 17:55
Ukraine's refusal to continue military cooperation prompts Russia to create new industriesMilitary & Defense April 25, 17:50
FIFA Secretary General on her mission and expectations from Confederations CupSport April 25, 17:39
The US has been making several attempts to scuttle the contract, where the French authorities confirm the obligations are observed properly. France’s Foreign Minister Laurent Fabius said during his visit to Washington in May, Russia had paid over half the contract price and thus no legal grounds existed for saying “no.”However, the Mistral story is not over. Paris claimed a “final decision” was due in October after a legal analysis of the deal. That would refer to the economic sanctions against Russia as the Mistral contract is on the list of the third sanctions against the Russian Federation.
If the contract is terminated, France will owe over €1.2 billion to Russia. The amount covers the deal for two ships and fines for France’s termination of the contract. Russia’s Deputy Prime Minister Dmitry Rogozin forecasts the wave around the situation in Ukraine would fade away and currently European politicians should think about consequences for interests of their own countries.
The contract worth €1.12 billion on construction of the helicopter carriers for Russia’s Navy is dated 2011. Under the contract, France is to build at the STX shipyard in Saint-Nazaire. The first ship is due to be ready in October, and the other one - in 2016.
Russia’s defense products exporting authority (Rosoboronexport) hopes the French side would not change the contract. A breach of legally binding conditions will cause a response, the authority’s representative told ITAR-TASS.