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France, Russia, jostling to market nuclear technology to South Africa

fighters-marketing-1SA’s nuclear build contract still wide open, says France minister, SUNDAY TIMES BUSINESS BY ASHA SPECKMAN, 2017-02-05  France’s finance minister Michel Sapin believes the race between suppliers to win South Africa’s nuclear build is still wide open and that France has a trick up its sleeve.

Sapin addressed the media in Pretoria on Friday after a meeting with Finance Minister Pravin Gordhan on the same day that he discussed issues related to the nuclear build.

Communicating through a translator, he said he had reminded Gordhan of the “quality and the know-how of French companies” which operate in the nuclear sector and has asked for “full transparency” on the process. The talks had also broached the questions of price, financing and affordability of the project. But Sapin declined to go into further detail.

Russia’s Rosatom was rumoured to be a frontrunner in the bidding for the multibillion-rand nuclear contract. But last month it denied it had made an official bid. French nuclear companies EDF Group and Areva intend to put in a joint bid but had not yet done so, Sapin said. “I still have a feeling the competition is open and we’ll see how it unfolds. France is not afraid of competition … We have trump cards up our sleeves,” he said.

Sapin’s was a working visit to deepen relationships and did not involve signing agreements. It forms part of a concerted drive by the French government to expand its partnerships in the wake of Brexit,which would have major trade implications……..http://www.timeslive.co.za/sundaytimes/businesstimes/2017/02/05/SAs-nuclear-build-contract-still-wide-open-says-France-minister

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February 6, 2017 - Posted by | France, marketing

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