France, Saudi Arabia to sign contracts worth $12 billion : Fabius | Reuters

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  • France voices concerns on Iran talks after Khamenei comments | Reuters | Wed Jun 24, 2015 10:38am
    http://www.reuters.com/article/2015/06/24/us-iran-nuclear-france-idUSKBN0P41L320150624

    French Foreign Minister Laurent Fabius said on Wednesday that declarations from Iranian leaders appeared not to favor an international deal on the country’s nuclear program.

    Iran’s Supreme Leader Ayatollah Ali Khamenei on Tuesday ruled out freezing sensitive nuclear work in the country for a long time and said sanctions imposed on it should be lifted as soon it reaches a final deal with major powers, state TV reported.

    Major powers - Britain, France, Germany, China, Russia and the United States - want Iran to commit to a verifiable halt of at least 10 years on sensitive nuclear development work as part of a landmark atomic deal they aim to reach by June 30.
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    “France wants a deal but wants the deal to be robust, a good deal, but not a bad deal,” he said at a news conference alongside Saudi Arabian Foreign Minister Adel al-Jubeir.

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    France, Saudi Arabia to sign contracts worth $12 billion : Fabius
    Wed Jun 24, 2015 9:43am
    http://www.reuters.com/article/2015/06/24/us-france-saudi-contracts-idUSKBN0P41IN20150624

    France and Saudi Arabia plan to sign $12 billion of deals on Wednesday, French Foreign Minister Laurent Fabius told reporters during a visit by Deputy Crown Prince Mohammed bin Salman in deals highlighting Paris’ growing commercial ties in the Middle East.

    The contracts include 23 Airbus H145 helicopters worth $500 million, Fabius told reporters. The H145, previously known as the EC145, is a light twin-engined helicopter typically used for emergency services or border patrols. A military version is used by the U.S. Army.

    Saudi Foreign Minister Adel Al-Jubeir said he was still discussing the price for a contract for French naval patrol boats, built by DCNS. Saudi Arabia also plans to sign a feasibility study for two EPR reactors built by Areva, Fabius added.

    The contracts, the latest to be agreed between Paris and a Gulf Arab state, come after French President Francois Hollande was invited by Gulf Arab leaders in May to address their summit in Saudi Arabia, a rare privilege for a foreign head of state.

    (This story corrects to say Foreign Minister Adel Al-Jubeir, not defence minister, in third paragraph)