Question 18104 — businesses

Summary

Mrs. Nadia Ramassamy questions the Minister of Economy and Finance on the consequences for the Saint-Nazaire shipyards of Italy's integration into the “New Silk Roads” program. Indeed, on Friday March 22, 2019, Chinese President Xi Jinping will sign, during a state visit to Italy, an agreement aimed at integrating certain Italian ports into the New Silk Roads. The port terminals of Genoa, Livorno, La Spezia and Trieste are the main ones affected. However, in the latter, the Italian civil and military shipyard Fincantieri is present and has just developed a joint venture with a Chinese group in the shipbuilding sector based in Shanghai. Also, the Italian state, 70% shareholder of Fincantieri, declared itself ready to sell shares to Chinese investors. But Fincantieri is preparing to buy the Saint-Nazaire shipyards and intends to cooperate more with the French group Naval Group (formerly DCNS) - which manufactures French nuclear submarines and maintains the naval strike group of the Charles de Gaulle aircraft carrier in operational condition. While the European Commission published, on March 12, 2019, a ten-point orientation document on the strategy to follow with regard to China in which it designates it as a “systemic rival”, the passage, in fact, of the Saint-Nazaire shipyards under Chinese capital could have serious strategic consequences in terms of economic interference, on the protection of technological patents of the French defense industry as well as on the employment of the 2,500 employees and 5,200 subcontractors. Thus, she asks him what the Government intends to do to protect the French technologies and jobs in the Saint-Nazaire shipyards.

Machine translation from French. The official text remains authoritative.

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