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Paris, Nov 26 (AFP) European aerospace group EADS is ready to retaliate against South Africa after the country cancelled a contract to buy Airbus military planes and sought repayment of an advance, a press report said today.
A spokesman for EADS, the Airbus parent company, declined to comment on the report, carried in the financial newspaper La Tribune.

"There are currently discussions on the cancellation of the contract for the A400M between the two parties," he said.

The Tribune report said that the European Aeronautic Defence and Space Company was "seriously considering cancelling most of the orders that have already been signed, worth about 400 million euros (USD 602 million), in the framework of a partnership with (South African) industry (notably with the Denel and Aerosud groups) and which were linked to the contract to purchase eight A400Ms.

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