Cyprus has signed a contract with France for the purchase of military equipment worth 240 million euros, the country's Defence Ministry announced on Friday, confirming recent reports in French media.
The ministry noted that due to the sensitive nature of the matter, which falls under national security, it does not intend to disclose any further information for the time being.
Russia will start construction of its own Mistral-class amphibious assault ships in 2020, a Defense Ministry source has told a Russian news website.
It will take three to four years for Russia to build such a vessel after Moscow renounced a EUR 1.2 B deal with France to buy two ships, Lenta.ru quotes the source as saying.
Two Mistral assault ships are to be sold to Russia, France's Foreign Minister Laurent Fabius announced.
The decision comes amid tensions between Moscow and the West over the Ukraine crisis.
Fabius wrote on Twitter that the contracts were agreed in 2011 and were to be executed as they would create many jobs in his country, as the BBC reported.