Even as a row over the acquisition of a French commercial shipyard continues, the country sees cooperation with Italy's naval industry as a way to become a global leader in building warships.
France will pitch to Italy a cooperation in building warships in a bid to resolve a dispute over an Italian acquisition of STX, a commercial shipyard, a French minister said.
France has sparked a war of words with Italy by announcing plans to nationalize temporarily its STX France shipyard in a bid to halt an Italian take over, thwarting the launch of a long awaited consolidation of Europe’s fracturing naval industry.