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Thursday, January 26, 2006

Britain and France to share carrier programme

Britain and France moved closer towards a co-operation agreement on the building of three aircraft carriers yesterday, after France agreed to pay up to £100m in phase payments towards the design of the ships.

"We have today reached agreement on how we will proceed on co-operation on the aircraft carriers," said a joint statement from the Secretary of State for Defence John Reid and his French counterpart Michele Alliot-Marie. The details of the deal are yet to be hammered out but the two sides are believed to have agreed on arrangements for the management of the project over the next 12 months.

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