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Paul Merrell

France loans Egypt 3.2B euros for Defense Deal: French U-Turn? | nsnbc international - 0 views

nsnbc.me/...for-defense-deal-french-u-turn

war & peace Egypt France Germany Russia U.S. UK MENA-split

shared by Paul Merrell on 01 Mar 15 - No Cached
  • Egyptian President Abdel Fatah Al-Sisi announced on Saturday that the French government of PM Francois Hollande has granted Egypt a 3.2 billion euro loan for deals about military equipment between the two nations. The development comes against the backdrop of an increasingly confident continental European, French – German-led policy that opposes primarily an US/UK driven policy of tension and terrorism in the MENA region and could signal a long-awaited departure from the destructive role France played in Libya.  French Defense Minister Jean-Yves Le Drian visited Egypt in February with other French officials to sign a deal on the sale of 24 Rafale fighter jets, a naval frigate and related military equipment, reports The Cairo Post.
  • Egypt has since also signed significant defense deals with Russia. Egypt’s Defense Minister Sedki Sobhi is currently in Russia to discuss further Russian – Egyptian defense cooperation in combating terrorism and the delivery of Russian MiG-35 jets to Egypt.
  • French arms sales to Egypt are not unusual. What, according to some analysts, could suggest the beginning of a French U-Turn with regards to the French role in North Africa and Libya is that the administration of Francois Hollande cannot other than be cognizant of the fact that the French jets and naval vessels will strengthen an Egypt that struggles with countering the aftershocks of the 2011 “Arab Spring” in Egypt, in Libya, as well as in Syria.
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  • Another indicator is, according to several analysts, that France and Germany are increasingly working towards the establishment of a continental European consensus that aims at ending a predominantly US/UK-driven policy of tensions directed against Russia. These trends include closer ties between the European Union and the Eurasian Economic Union as part of a long-term solution for Europe and Ukraine. The question whether the French 3.2 billion euro loan to Egypt is “business as usual” for a major arms exporter as France, or whether it signals a long-awaited U-turn within the French Socialist Party led government of Francois Hollande is not necessarily unjustified. Time will tell whether the warning by the senior French Statesman and former French Foreign Minister Roland Dumas, that France has become “the vanguard dog of NATO” has had a long-anticipated effect within the French Socialist Party and Hollande’s administration.
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