Egypt remains in negotiations with France over the potential acquisition of Barracuda submarines. Cairo has sought to secure rights to locally manufacture derivatives of the Barracuda and re-export them to third countries.
Both sides are now working to establish a legal framework that addresses core challenges, most notably the export of advanced weapon systems to non-EU states.
The following note sheds light on:
- The current status of negotiations,
- The emerging industrial framework terms,
- The remaining issues to be resolved.
