In London for Hinkley signing ceremony, France's Ayrault defends deal
Reuters
Published Sep 29, 2016 10:18AM ET
In London for Hinkley signing ceremony, France's Ayrault defends deal
LONDON (Reuters) - French Foreign Minister Jean-Marc Ayrault, in London to take part in the formal signing ceremony for the Hinkley Point nuclear power plant project, said it was a good deal for Britain and France despite widespread reservations.
"It's a good deal. I know it has raised questions, particularly in France, but it represents an opportunity for the future of an entire industry," Ayrault told reporters just before heading to the ceremony.
New British Prime Theresa May unexpectedly put the Hinkley Point project on hold in July when it was about to be formally signed, citing the need to review the details. She finally approved it two weeks ago.
"Mrs May had taken office and a new prime minister, a new government was perfectly entitled to examine the contents of the agreement," he said, adding he was pleased May had finally approved a deal which would benefit Britain, France and Franco-Chinese nuclear cooperation.
Get The News You Want
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.