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French ministers lament ‘regrettable’ decision

London | French ministers have slammed the Morrison government’s axing of the $90 billion so-called “contract of the century” with French submarine builder Naval Group.

“This is a decision contrary to the letter and the spirit of cooperation which prevailed between France and Australia,” said Defence Minister Florence Parly and Foreign Minister Yves Le Drian in a joint statement on Thursday.

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Hans van Leeuwen is The Australian Financial Review’s former Europe correspondent. He is now International Economy editor for The Telegraph UK.

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    Original URL: https://www.afr.com/link/follow-20180101-p58s1e