Military Forum for Russian and Global Defence Issues
jhelb wrote:GarryB wrote: I am beyond caring what is best for France...
Hey Garry, look what I found....... more good news for the French
Cplnew83 wrote:jhelb wrote:GarryB wrote: I am beyond caring what is best for France...
Hey Garry, look what I found....... more good news for the French
We are living a really sad period ...
64% of the french citizen think that The two LHD must be delivered according a january poll.
Hollande is slowly killing us.
KoTeMoRe wrote:
That avatar is suspiciously familiar...Ronguild, bienvenu parmi nous.
Cplnew83 wrote:KoTeMoRe wrote:
That avatar is suspiciously familiar...Ronguild, bienvenu parmi nous.
Thank you (merci should I say).
I really appreciate the quality of this forum.
Cplnew83 wrote:KoTeMoRe wrote:
That avatar is suspiciously familiar...Ronguild, bienvenu parmi nous.
Thank you (merci should I say).
I really appreciate the quality of this forum.
According to the director of the department of military technical cooperation, France has handed over to Russia some technology in large-block assembly for the construction of Mistral-class helicopter carriers.
Russia pays its debts and forgives billions to other countries
03.10.2011
Russia has completely repaid the debt of $185.7 million to Europe's largest creditor - Croatia. Moscow is expected to fully repay its debt to the countries of former Yugoslavia (Serbia, Montenegro, Macedonia, Bosnia and Herzegovina) before 2016.
It is worthy of note that Russia continues to repay its debts to foreign countries at the time when it writes off the debts of foreign countries to Russia. It would be enough to remember how Germany made Russia pay $30 billion of debt, including $6 billion to the former GDR. One can witness the same situation with all of Russia's allies on the left block.
Judging upon the report, which the Russian government submitted to the State Duma, Russia's public debt as of January 1, 2005 totaled $53.909 billion. The debt had been reduced to $30.806 billion by January 1, 2006.
The debt to the countries of the Council for Mutual Economic Assistance dropped from $2.6926 to $2.106 billion during that time. The list included Russia's debt to the Czech Republic in the amount of $100 million, which was fully repaid in 2007, and the debt to Romania - $200 million.
As of May 1, 2011, Russia's foreign debt was evaluated at $38.832.8 billion. The lion's share of this amount (29.82 billion) is the debt on European bonds. Russia continues to borrow funds during the times of the ongoing crisis, but no one is going to forgive Russia's debts.
On April 22, 2010, Russia started making borrowings on foreign markets again, after a break of 12 years. It goes about the amount of $5.5 billion (two tranches of Eurobonds). However, it appears that Russia is so wealthy that it can afford to bid farewell to tens of billions of dollars.
Foreign countries owe $68.968 billion to Russia as of January 1, 2006. A big part of this amount has already been written off. Russia forgave the following debts during the recent eleven years. Vietnam and Ethiopia - $10 and $4 billion in 2010. Laos and Mongolia - $0.7 and $11 billion in 2003. Syria and Ethiopia - $10 and $1 billion in 2005. Algeria - $4.7 billion in 2006. Afghanistan - $11 billion in 2007. Libya - $4.5 billion in 2008. Iraq - $8 billion in 2009. And finally, North Korea - $11 billion in 2011.
This totals $76 billion. It appears that Russia is so rich that we, unlike the West, can afford doing such things. These are not all the details that reflect Russia's indiscriminate forgiveness. It is not ruled out that the same may happen to Cuba's debt - $19.5 billion.
Many of those countries are rich with natural resources. However, what did Russia get from such countries as Iraq in return? A handful of highly unprofitable offers and that was it.
Appendix 59 to Budget-2007 said that the Russian government was entitled to write off the debts to 13 poorest countries (Guyana in Latin America and 12 African countries - Congo, Ethiopia, Guinea, Guinea-Bisau, Mozambique, Zambia, Madagascar, Tanzania, Benin, San Tome and Principle Island, Burundi and Chad) which made up the total of nearly one billion dollars.
The majority of those countries are rich with oil, uranium, copper, etc. However, Russia received no good contracts for those resources instead. This may only lead to negative consequences for Russia because the country suffers considerable financial losses.
Many countries of the former USSR (Uzbekistan, Ukraine, Belarus, Tajikistan, Kyrgyzstan, Georgia, Moldova) owed Russia $3.294 billion in the beginning of 2006.
Is Russia wealthy enough indeed to refuse from tens of billions of dollars? Russia's internal state debt increased from 778.5 to 875.4 billion rubles. The line in the document about household deposit compensation was left unfilled: the amount of this debt has not been evaluated officially yet.
Russian official say that debts hamper the development of commercial and economic ties between countries. One may have an official approach to this problem. The debt and the pressure from a creditor may only boost the development of those ties. Many developing states are rich with natural resources, so they could successfully repay their debts with those resources. If they could not, then they would have to repay their debt plus interest to Russia, as international laws stipulate. France was waiting for a hundred years for the debts of tsarist Russia to be repaid. Why couldn't Paris just write those debts off during the Soviet era?
The French strongly refused to forgive the tsarist debt. The legal entity in the face of tsarist Russia, which borrowed money from France, stopped its existence. The USSR, which replaced tsarist Russia, refused to even say a word about it. The French could have written off the debt after the collapse of the Soviet Union. However, Russia fully repaid the tsarist debt to France.
Nowadays, it seems that Russia is ready to write off the debts of all of its debtors. "What can you have from such a poor country as North Korea?" skeptics may say. We would like to remind everyone here that the news about the debt forgiveness to North Korea was announced simultaneously with Russia's agreement to lease 200,000 hectares of land to North Korea in the Amur region. The price is astonishing: 50 rubles ($2) per hectare. To crown it all, Russia will deliver the humanitarian aid of 50,000 tons of wheat to Pyongyang in August-September of this year.
World prices on wheat made up $267 per ton in July of this year. It just so happens that Russia is spending $13.35 million on the humanitarian aid to Kim Jong-il. Russia could use this to gain access to North Korean non-ferrous metals. However, there is nothing to prove that Russia is going to receive anything in return.
Sergei Balmasov
Pravda.Ru
France had claimed the Soviet government owed some $30 billion after it repudiated its pre-World War I debt to 400,000 French holders of tsarist bonds.
Under the new agreement, Moscow settled the claim by agreeing to pay France $400 million within three years.
In turn, Moscow said it would drop claims for compensation from Paris for damage caused by France's 1918-1922 intervention in the Russian civil war following the 1917 Bolshevik revolution, according to the document.
Moscow agreed not to seek the return of gold transferred to Germany under the 1918 Brest-Litovsk peace accord, which pulled Russia out of World War I. The gold was later transferred to France under the 1919 Versailles peace treaty after the end of the war.
Russia also agreed to drop claims for the return of imperial gold reserves seized by the opponents of the Bolsheviks in the civil war and sent to France.
ST. PETERSBURG, June 18. /TASS/. Russia has not received the technology for the Mistral class helicopter carriers’ construction from France, Russian Industry and Trade Minister Denis Manturov told journalists on Thursday.
"What technology we have received? - none as of today," he said, adding that "we already had the hull modular design technology, we just had no orders, and we supplied the stern section and the fore-body."
A number of media reports said previously that Russia received from France the technology for the construction of the Mistral class helicopter carrying warships.
The €1.12-billion contract to build the Mistral amphibious assault ships for the Russian Navy was signed in June 2011. In case it is not implemented, France will have to pay Russia a penalty fee. The first Mistral, the Vladivostok, was floated in October 2013. It was expected to be handed over to Russia by the French side in autumn 2014, but the handover did not take place due to the situation in Ukraine.
The second Mistral, the Sevastopol, was to be delivered to Russia in October 2015, but the deal was suspended too.
France suspended the delivery of Mistrals to Russia as part of a package of sanctions the European countries imposed on Moscow for what they claimed was its alleged role in destabilisation of east Ukraine. Russia has constantly dismissed allegations that Moscow could in any way be involved in hostilities in Ukraine’s east. Russian Deputy Prime Minister Rogozin said on May 9 that France can’t make decisions on the sale of Mistral helicopter carriers without Russia’s consent as the Russian Federation has the end user certificate.
Previous reports suggested that the French side was ready to pay compensation to Russia if the helicopter carriers are not delivered. Moscow has repeatedly said that it wold be satisfied with any variant - either the ships or money. In early June, Russian presidential aide for military-technical cooperation
Vladimir Kozhin said that he hoped that the situation with the Mistral warships would be resolved during the summer. Russia wants to have all expenses related to production of the ships to be covered, he said. "Money or ships," Kozhin said. "Money means money. We do not lose a lot if we don’t get these ships."
On May 15, Russia’s Kommersant business daily reported with reference to "sources in the sphere of military-technical cooperation" that France has drafted and sent Moscow proposals on termination of a French-Russian agreement on construction of Mistral helicopter carriers for Russia.
These proposals "imply that about €785 million will be returned to Russia, which the country will only be able to obtain after its government issues a written permission to sell the vessels to any third party without any reservations," the newspaper said.
It said "Moscow does not agree with such an approach," assesses its "expenditures and losses in connection with the broken contract at €1.163 billion and does not intend to issue any permits for re-export until the money is returned."
"The option with the return of the sum mentioned in the French proposal does not suit us at all, and Deputy Prime Minister Dmitry Rogozin already informed French Defense and National Security Secretary General Louis Gautier, authorized to hold talks on their part, of that. They are now preparing their arguments," a source said.
According to assessments of the French weekly Le Point, annulment of the deal to supply Mistrals to Russia may cost France from €2 billion to €5 billion.
Dima wrote:Nothing should stop Russia from demanding a good price from Hollande...that assole need to be taught a lesson. Raw & finished materials for Airbus and Boeing should have been stopped last year itself by Russian govt, dont know what they are waiting for. I would like to see all the contracts for Airbus and Boeing scrapped and all murican and vassal assets nationalised
GarryB wrote:Russia wont benefit from trying to screw France just because their leader is a puppet.
It is not the fault of the french workers that their government is full of cowards.
Cut your losses... get the best deal you can and just get over it... but don't forget the lesson... domestic production only.
KUBINKA (Moscow Region), (Sputnik) – The Russian Krylov State Research Center has developed a helicopter carrier project to replace the Mistral-class warships that were not delivered by France, a high-ranking official in the Russian military industrial complex said Friday.
“The Russian Krylov State Research Center has developed an alternative to the Mistral project of a helicopter carrier, called the Lavina, with a water displacement of 24,000 tons, which is even larger than the French-made ship [of 21,000 tons],” the official said at the Army-2015 military expo outside Moscow.
According to the official, the new warship is a semi-trimaran with capabilities to sail 5,000 miles at 18 knots without service calls and a maximum speed of 22 knots. The vessel will carry 320 crewmembers and can take on an additional 500 troops or 50 armored vehicles.
In late May, Deputy Chairman of the Russian Military Industrial Complex Oleg Bochkaryov said that Russia planned to build its own Mistral-class helicopter carriers.
On Thursday, the director of the department of military technical cooperation, Alexei Diky, said France had handed over to Russia some technology in large-block assembly for the construction of Mistral-class helicopter carriers.
Commenting on the failed Mistral deal, Moreau said that there is a disagreement on the state level between the Defense Ministry and the Ministry of Foreign Affairs.
"It is a well-known fact that there is an internal struggle within the French government, especially between the Defense Ministry, which knows well that if France doesn't deliver the two Mistrals to Russia it will cost the country two of its own frigates, and the Ministry of Foreign Affairs, which has a purely ideological atlanticist point of view," Moreau told Sputnik.
The Ministry of Foreign Affairs deceived the government in Paris by telling that first of all it would be easy to "buy Russians for a song," second, France would easily find other buyers for its Mistrals and third, that the deal would be quickly resolved, Moreau said.
This is what the French government currently has to deal with, said the political expert, adding that the entire situation is the fault of the Ministry of Foreign Affairs.
"It [The Ministry of Foreign Affairs] realized that it won't be able to sell Mistrals to other countries, because China is the only potential customer for the French helicopter carriers! But I think Americans will rather prefer France selling the Mistrals to Russia, not China," Moreau said.
The moment of truth is coming up soon, said the political expert.
"Either France will pay for the failed deal from the budget of the Defense Ministry or it [the French government] will give them to Russia," Moreau said.
The cancellation of the Mistral deal failed to bring any political outcomes to France and now the country is in a “ridiculous situation,” said Caroline Galacteros, a French Political Science professor.
France and Russia signed the $1.5 billion Mistral deal in 2011. Paris agreed to deliver two Mistral-class helicopter carriers to Russia in November of 2014 and June of 2015. However, France suspended the delivery, citing Moscow's alleged interference in the Ukrainian crisis.
The deal was suspended in May and now France has to refund the money. Russia wants $890 million already pre-paid to France back, as well as a compensation for the purchase of the equipment and crew training. France is reportedly willing to pay around $870 million, a sum Moscow deems unacceptable.
Selling the ships to a third party is a complicated task, since France needs Moscow's permission to do so. Russia has repeatedly stated that it will not sign off on this, since Mistrals were custom tailored for the Russian Navy making this an issue of national security.
Rmf wrote:why is russia so hesitant about mistral.
just an example , russia signed contract with iran for delivery of s-300 pmu-1 division for 800 million, received advanced payment about 20% 160 mill.
since they didnt deliver Iran sued Russia in geneva court for 4 billion !! even after russia returned advanced payment of 160 mill.
now iran is geting even beter antei-2500./.
so sue France sue their ass everywhere for 10 billion. and advanced payment return.
Cplnew83 wrote:I've flown from Brest to Marseille on Thursday, over St Nazaire (no cloud) we were still "low" and I've seen the two Russian ships. Felt sad about this aborted contract : Let's hope that finally VMF will receive the two BPC.
so>? who cares!!!GunshipDemocracy wrote:Rmf wrote:why is russia so hesitant about mistral.
just an example , russia signed contract with iran for delivery of s-300 pmu-1 division for 800 million, received advanced payment about 20% 160 mill.
since they didnt deliver Iran sued Russia in geneva court for 4 billion !! even after russia returned advanced payment of 160 mill.
now iran is geting even beter antei-2500./.
so sue France sue their ass everywhere for 10 billion. and advanced payment return.
so you think that any western based court would role in favor of Russia? What I can see any court would seize property or request Russia to pay France, like in Yukos case. there is no law only law of jungle. The stronger Russia is the less problems with mickey mouse tribunals or other Hague based stuff
JohninMK wrote:Looks like it is all over bar the trip to the bank.
The two Mistral-class helicopter carriers built for the Russian Navy will not be delivered to Russia and the cancellation of the contract could cost Paris $1.3 billion, French Defense Minister Jean-Yves Le Drian said on Monday.
Editor-in-chief of the Russian National Defense magazine Igor Korotchenko called this amount a more reasonable compensation than the ones previously voiced by French officials. Earlier, France said it was ready to pay $880 million while Moscow insisted on a compensation amounting to $1.2 billion. "The $1.3 billion compensation the French minister mentioned is better than previous French offers. The matter will be settled during the ongoing bilateral consultations," Korotchenko said, adding that this is the only viable solution since France is not independent in making key military and political decisions. "All the necessary funds [for the termination of the deal] France transfers to Russia should be used for purchasing large landing craft carries, which will be better for the Russian Navy than Mistrals," Korotchenko noted.
Earlier in July, a source told RIA Novosti that Paris and Moscow reached a preliminarily agreement on the compensation for France's non-delivery of the Mistrals and would continue consultations in July.
In 2011, Russia and France signed a $1.5-billion contract on the delivery of two Mistral-class helicopter carriers. Paris refused to fulfill its side of the deal accusing Moscow of meddling in the Ukrainian affairs, a claim that Russia has repeatedly denied.
In April, French President Francois Hollande said Paris would return Moscow's payment for the warships if the contract was terminated.
Read more: http://sputniknews.com/military/20150708/1024352339.html#ixzz3fIg2LP6J
Home
Latest images
Register
Log in
