Mistral warships: Russia and France agree compensation deal

Media reported on 5 August 2015 that France and Russia had reached an agreement regarding the cancellation of the sale of the Mistral warships.

France agreed to fully refund Russia for the two helicopter carriers. The deal was worth €1.2bn (£838m; $1.3bn) and Russia made an advance payment of about €840m.

Russia stated it now considered the dispute to be fully resolved.

ESO: Background information: Russia Mistral: Hollande denies striking compensation deal http://www.europeansources.info/record/russia-mistral-hollande-denies-striking-compensation-deal/

France24, 06.08.15: France reimburses Russia for cancelled Mistral warship deal http://www.france24.com/en/20150805-hollande-putin-agree-compensation-cancelled-mistral-deal

Sputnik International, 05.08.15: Done Deal: Putin, Hollande Reach Agreement Over Mistral Cancellation http://sputniknews.com/europe/20150805/1025436555.html

The Local.fr, 06.08.15: France agrees to repay Russia for warships http://www.thelocal.fr/20150806/france-agree-to-repay-russia-for-warships

Politico, 06.08.15: France and Russia reach warship agreement http://www.politico.eu/article/france-and-russia-reach-warship-agreement/

The Wall Street Journal, 05.08.15: France, Russia Terminate Warship Contract http://www.wsj.com/articles/france-russia-terminate-warship-contract-1438799709

Euronews, 06.08.15: France and Russia resolve Mistral warship dispute http://www.euronews.com/2015/08/06/france-and-russia-resolve-mistral-warship-dispute/

Deutsche Welle, 05.08.15: France agrees to reimburse Russia for undelivered Mistral warships http://dw.com/p/1GAnW

The Moscow Times, 06.08.15: France to Pay Russia Less Than 1.2 Billion Euros in Mistral Deal http://www.themoscowtimes.com/business/article/france-to-pay-russia-less-than-1-2-billion-euros-in-mistral-deal/527066.html

EUObserver, 07.08.15: France agrees to reimburse Russia for cancelled Mistral warship deal https://euobserver.com/news/129849

EurActiv, 18.09.15: Why Russia accepted the Mistral agreement http://www.euractiv.com/sections/global-europe/why-russia-accepted-mistral-agreement-317776

---