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Macron seals €4.3-bn French frigate deal in Sweden

Macron seals €4.3-bn French frigate deal in Sweden

Summary

France and Sweden signed a deal worth 4.3 billion euros for Sweden to buy four French warships called frigates. This deal is part of their effort to work closer together on defense because of increased concerns about Russia after it invaded Ukraine.

Key Facts

  • The deal is valued at 4.3 billion euros (about 4.9 billion dollars).
  • Sweden will buy four frigates from France under this agreement.
  • Frigates are naval warships used to protect seas and carry out military operations.
  • France and Sweden want to strengthen their cooperation on defense.
  • Sweden joined the NATO military alliance two years after Russia’s invasion of Ukraine in 2022.
  • The increased military cooperation is a response to growing threats from Russia.
  • The deal was signed while President Emmanuel Macron was in Sweden.
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