PARIS: France’s aerospace industry voiced alarm on Thursday over the “weaponization” of global supply chains as major powers pursue their geopolitical agendas, and warned that rare earths remained a potential pressure point despite a US-China trade truce. GIFAS aerospace association president Olivier Andries, who is also the CEO of engine maker Safran, also expressed concerns over the lack of a domestic budget for 2026, saying French parliamentarians had “lost direction.”
PARIS: France’s aerospace industry voiced alarm on Thursday over the “weaponization” of global supply chains as major powers pursue their geopolitical agendas, and warned that rare earths remained a potential pressure point despite a US-China trade truce.
GIFAS aerospace association president Olivier Andries, who is also the CEO of engine maker Safran, also expressed concerns over the lack of a domestic budget for 2026, saying French parliamentarians had “lost direction.”
Global aerospace supply chain means no country can go it alone, ‘we’re going to have to work together’, senior official said.
The European Union Chamber of Commerce in China said many companeis "are still experiencing significant supply chain disruptions."
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