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Kuwait settles dispute with French boat company
Kuwait, Military, 7/4/1998
Kuwaiti sources in Kuwait confirmed that a settlement has been reached in disputes over Coast Guard patrol boats purchased from the French company Simono and agreed to pay nearly $13 million to exchange the boats for other more advanced boats.
The sources added that Kuwait and France agreed to a $500 million deal for eight patrol boats armed with missile-laubching capabilities after discussing for months methods of solving Kuwaiti complaints concerning 12 Naga boats that were purchased in 1994 at a cost of $400 million francs.
The new boats are faster, bigger and armed with more advanced missiles, which satisfies Kuwaiti complaints.
Previous Stories:
Pickering in Kuwait: forces will stay due to Iraqi threats
(6/4/1998)
Kuwaiti parliament criticizes missile deal
(5/29/1998)
Kuwait first time buy of Chinese weapons
(3/31/1998)
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