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PARIS Uchenna Nwosu Jersey , July 27 (Xinhua) -- France will "temporarily" nationalize the STX France shipyard, the country's strategic shipyard that produces aircraft carriers and warships, following a dispute with Italy over ownership, Economy Minister Bruno Le Maire announced Thursday.


"We have taken the decision to exercise the state's right of pre-emption on STX," the minister said.


"The shipyard is not destined to remain under state control. The pre-emption decision is temporary and should give us the time to negotiate in the best conditions Derwin James Jersey ," he added.


Divergence appears between Paris and Rome over STX France capital split after Italian officials refused French proposal of 50-50 stake.


In May, Fincantieri, Italian state-run shipbuilder, proposed 79.5 million euros (92.83 million U.S. dollars) to seize for two-thirds of STX France, which is offered for sale following the collapse of its South Korea parent Jahleel Addae Jersey , STX.


According to Le Maire, the fifty-fifty capital was "a fair proposal (which) helps preserve the strategic interests of France while associating ... Italian friends with French shipbuilding".


"We will continue to negotiate on this basis with our Italian friends in the coming days," he said, adding that he would fly to Italy next week.


Xi says China must strive for great victory of socialism with Chinese characteristics


Railway linking Changchun, Baicheng and Ulanhot in test operation


Zhujiajian resort in E China enters peak tourist season


Rescue work continues in flood-hit Yulin Keenan Allen Jersey , NW China


Big year for China's military as PLA to celebrate 90th birthday


China's biggest automated cargo wharf to start operation by end of 2017


Hukou Waterfalls in N China enter summer flood period


Chinese research vessel "Kexue" conducts operation in South China Sea

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