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France Inks Jet Sale To Egypt As Cairo Bombs Is - Yahoo News

Egypt bombs Islamic State targets in Libya after 21 Egyptians beheaded . Cairo (AFP) - France signed an agreement with Egypt on Monday for the first foreign sale of its Rafale fighter jet, in a deal that will boost Cairo's military as it tackles jihadists. Paris hopes the 5.2 billion euro ($5.9 billion) deal for 24 Rafale fighters to be delivered later this year -- which comes as Cairo launched air strikes against the Islamic State group in Libya -- will prompt others to snap up its premier combat jet. For Egypt, the agreement is a show of support for President Abdel Fattah al-Sisi, who overthrew his Islamist predecessor continue in 2013 and wants to break a US monopoly over Egypt's arms supplies. Defence Minister Jean-Yves Le Drian and Sisi oversaw the signing of the deal at a presidential palace in Cairo. "Our two countries are pursuing a common struggle against terrorism," Le Drian said during the signing ceremony. "Egypt's stability is an important element in the stability of the countries overlooking the Mediterranean sea, especially your country that has witnessed recent terrorist events," Egyptian Defence Minister front page Sedki Sobhi told Kim Kardashian Le Drian.
More: http://news.yahoo.com/france-signs-deal-egypt-first-export-rafale-jets-170648314.html

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