Egypt agrees to buy Mistral warships France built for Russia

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President Hollande and Egypt's Abdel Fattah al-Sisi 'have agreed on the principle and terms and conditions' says French presidency.

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Egypt is to buy the two Mistral warships that France built for Russia before scrapping the sale over the conflict in Ukraine. The French government said that no losses would be incurred on the deal, reports RFI.