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France, Egypt Ink $4.5Bln Secret Deal On Procurement Of 30 Rafale Fighter Jets – Reports

MOSCOW (DailynewstoKnow News / Sputnik – 04th May, 2021) France secretly signed a 3.75 billion euro ($4.5 billion) contract to deliver 30 Rafale fighter jets to Egypt, the Disclose investigative website reported on Monday, citing confidential documents.

According to the outlet, at the request of Egyptian President Abdel Fattah Sisi, the two countries signed three contracts, one of which concerns the procurement of 30 Rafale fighter jets from France. The other two contracts, worth 200 million Euros, involve MBDA missiles and Safran Electronics & Defense equipment.

Disclose stated that an Egyptian delegation is due to arrive in Paris to seal a deal as early as Tuesday. Cairo will make payments mainly with loans due to the large debt owed by the state, the outlet said.

France has been a key arms exporter for Egypt despite claims of a poor human rights record in the Arab country. Egypt’s military purchases from France include two Mistral-class helicopter carriers and dozens of Rafale fighter jets.

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