UAE Cancels $20 Billion Rafale Deal with France despite Telegram CEO's Release
"The diplomatic fallout from the arrest of Telegram CEO Pavel Durov continues to escalate, as the United Arab Emirates (UAE) has decided to cancel its US$20 billion deal with France for 80 Rafale fighter jets. The decision comes in the wake of Durov’s brief detention by French authorities, a move that has strained relations between the UAE and France, despite Durov’s release on bail.
According to reports in the public domain, the UAE, a close ally of Durov, has expressed its anger over the arrest, viewing it as an affront to its sovereignty and a violation of diplomatic norms. Durov’s connections in the UAE, particularly his relationship with the Emir’s son, Zayed Al Nahyan, have only intensified the situation. The UAE government’s decision to halt the Rafale deal, which was signed with French aerospace company Dassault in 2021, is seen as a direct response to Durov’s treatment.
The deal, which was valued at US$20 billion, was one of the largest defense contracts signed by the UAE in recent years. It included the delivery of 80 Rafale fighter jets, with the first batch expected to arrive in 2027. The cancellation of this deal not only represents a significant economic loss for France but also marks a sharp deterioration in UAE-France relations, which had been strong and cooperative until this incident."
https://www.financialexpress.com/business/defence-uae-cancels-20-billion-rafale-deal-with-france-despite-telegram-ceos-release-3595771/
ROBINMG 🚀
#Telegram #PavelDurov #France #Rafale #UAE
"The diplomatic fallout from the arrest of Telegram CEO Pavel Durov continues to escalate, as the United Arab Emirates (UAE) has decided to cancel its US$20 billion deal with France for 80 Rafale fighter jets. The decision comes in the wake of Durov’s brief detention by French authorities, a move that has strained relations between the UAE and France, despite Durov’s release on bail.
According to reports in the public domain, the UAE, a close ally of Durov, has expressed its anger over the arrest, viewing it as an affront to its sovereignty and a violation of diplomatic norms. Durov’s connections in the UAE, particularly his relationship with the Emir’s son, Zayed Al Nahyan, have only intensified the situation. The UAE government’s decision to halt the Rafale deal, which was signed with French aerospace company Dassault in 2021, is seen as a direct response to Durov’s treatment.
The deal, which was valued at US$20 billion, was one of the largest defense contracts signed by the UAE in recent years. It included the delivery of 80 Rafale fighter jets, with the first batch expected to arrive in 2027. The cancellation of this deal not only represents a significant economic loss for France but also marks a sharp deterioration in UAE-France relations, which had been strong and cooperative until this incident."
https://www.financialexpress.com/business/defence-uae-cancels-20-billion-rafale-deal-with-france-despite-telegram-ceos-release-3595771/
ROBINMG 🚀
#Telegram #PavelDurov #France #Rafale #UAE
The Financial Express
UAE cancels $20 billion Rafale deal with France despite Telegram CEO’s release
The decision comes in the wake of Durov's brief detention by French authorities
🇫🇷🇷🇸🇷🇺 Macron is going to Belgrade with a "delicate" mission, writes Le Figaro. The main purpose of his visit is to finalize a trade deal that will cost Belgrade three billion euros. But this is far from his only task. He will try to push Serbia away from #Russia, the publication believes.
France officially supports the process of Serbia's accession to the EU, for which #Vucic has been fighting for a long time, despite the fears of the population, the author claims. Macron is expected to arrive in #Belgrade late this afternoon, after which he will immediately hold talks with his Serbian counterpart.
In addition to the #Rafale deal, the two sides are engaged in "preliminary 'shotgun' talks" with French electricity company #EDF on nuclear energy projects. Agreements on cooperation in hydropower, wastewater treatment and healthcare are also envisioned," the newspaper reported.
A discussion on the development of artificial intelligence is scheduled for tomorrow.
@Slavyangrad | Andrei 👋
#Serbia #EU #Nato #Macron
France officially supports the process of Serbia's accession to the EU, for which #Vucic has been fighting for a long time, despite the fears of the population, the author claims. Macron is expected to arrive in #Belgrade late this afternoon, after which he will immediately hold talks with his Serbian counterpart.
In addition to the #Rafale deal, the two sides are engaged in "preliminary 'shotgun' talks" with French electricity company #EDF on nuclear energy projects. Agreements on cooperation in hydropower, wastewater treatment and healthcare are also envisioned," the newspaper reported.
A discussion on the development of artificial intelligence is scheduled for tomorrow.
@Slavyangrad | Andrei 👋
#Serbia #EU #Nato #Macron