The Defence Ministers of Britain and France Liam Fox and Herve Morin are holding talks in Paris on Friday following reports that they are considering closer cooperation between their two Navys in order to cut costs. Friday's talks are part of the continuing dialogue aimed at closer military ties. Liam Fox and his French counterpart are not expected to give any details about how the closer cooperation will work in practice. Analysts say the discussions are likely to focus on possible cooperation and collaboration between the two nations' defence industries.