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The Interpreter
Russian-to-English translation journal, with original analysis and commentary on Russia's foreign & domestic policy.
Egypt to Buy Mistrals Built for Russia
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Both Mistrals built by France for Russia, but withdrawn due to sanctions over the war in Ukraine, will be purchased by Egypt, the French government has reported, according to AP.

The price of the warships in the deal has not been officially disclosed.

Even so, France must pay Russia 950 million euros in damages, and cannot re-sell the ships until the damages are paid, says Russia's main state TV channel

Translation: Mistrals built for Russia will be purchased by Egypt

Says AP:

The assault ships, which can each carry 16 helicopter gunships, 700 troops and up to 50 armored vehicles, were originally intended for Russia. France continued building to Russia's specifications — including stenciling Cyrillic writing throughout the vessels — until the deal finally fell apart because of the Ukrainian crisis. It was originally supposed to be the biggest arms sale ever by a NATO country to Russia.

France agreed to refund 950 million euros ($1 billion) already paid by Russia. France didn't say how much Egypt has agreed to pay, but denied losing money. A military official who was not authorized to speak publicly about the deal said Egypt would pay 950 million euros ($1 billion) for both ships, which will be delivered next March.

-- Catherine A. Fitzpatrick