France to refund $1 billion to Russia for canceling sale of 2 warships![]() September 11, 2015 - 16:49 AMT PanARMENIAN.Net - France will refund 950 million euros ($1 billion) to Russia for the cancellation of the sale of two Mistral-class warships, but won't have to pay penalties, the Associated Press reports. In a bill going to France's lower house of Parliament next week, the government details the agreement reached with Russia last month. According to the text, the "only condition" laid down by Russia is to receive the money "as soon as possible." Then, France will be able to sell the warships to another country. Egypt and Saudi Arabia are reported to be on top of the list of potential purchasers, AP says. The 1.2 billion-euro ($1.3 billion) deal was canceled last year because of the Ukrainian crisis. It was supposed to be the biggest arms sale ever by a NATO country to Russia. Related links: ![]() ![]() Azerbaijani authorities report that they have already resettled 3,000 people in the Nagorno-Karabakh town of Stepanakert. On June 10, Azerbaijani President of Azerbaijan Ilham Aliyev will leave for Turkey on a working visit. Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. ![]() ![]() Partner news | ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |