ADVERTISEMENT

France hopes to seal Romania 1.2 billion euro warship deal quickly

Russian recognition of breakaway regions in Ukraine would be 'attack without weapons' -France
Russian recognition of breakaway regions in Ukraine would be 'attack without weapons' -France Copyright Thomson Reuters 2022
Copyright Thomson Reuters 2022
By Reuters
Share this articleComments
Share this articleClose Button

BUCHAREST -France hopes a deal to sell four warships to Romania for 1.2 billion euros ($1.35 billion) will be concluded soon, as the two sides look to ensure security in the Black Sea, Foreign Minister Jean-Yves Le Drian said on Thursday.

Defence firm Naval Group won the contract to build four Gowind navy corvettes for Romania as well as renovate two existing frigates in 2019 in partnership with Romanian company Santierul Naval Constanta, but the deal was held up pending legal challenges.

Romania's defence ministry said the two companies have until the end of February to decide whether they will go ahead with the deal, adding the price was not negotiable.

Romania's navy is the least modernised of its military branches. The country, a NATO state since 2004 and European Union one since 2007, has ramped up its defence spending in recent years.

NATO has a multinational land force of up to 4,000 troops in Romania and the country also hosts a U.S. ballistic missile defence station.

($1 = 0.8858 euros)

Share this articleComments

You might also like

Russian strikes in Donetsk and Kherson villages kill at least five

EU Green Week focuses on water management in the face of flooding risk

The bonds that bind: Our adversarial sovereign bond habit