Economy

France cancels defense meeting with UK over submarine row, sources say

US Navy illustration

PARIS — France has canceled a meeting between Armed Forces Minister Florence Parly and her British counterpart planned for this week after Australia scrapped a submarine order with Paris in favor of a deal with Washington and London, two sources familiar with the matter said.

Ms. Parly personally took the decision to drop the bilateral meeting with British Defense Secretary Ben Wallace, the sources said.

The French defense ministry could not be immediately reached. The British defense ministry declined comment.

The sources confirmed an earlier report in the Guardian newspaper that the meeting had been canceled.

The scrapping of the multi-billion-dollar submarine contract, struck in 2016, has triggered a diplomatic crisis, with Paris recalling its ambassadors from Washington and Canberra.

France claims not to have been consulted by its allies, while Australia says it had made clear to Paris for months its concerns over the contract.

French President Emmanuel Macron and US President Joseph R. Biden, Jr., will speak by telephone in the coming days to discuss the crisis, the French government’s spokesman said on Sunday. — Reuters

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

Your daily news source covering investing ideas, market stocks, business, retirement tips from Wall St. to Silicon Valley.

Disclaimer:

TheProficientInvestor.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 TheProficientInvestor. All Rights Reserved.

To Top