✂ Fed’s first rate cut since 2020: Use our free Stock Screener to find new opportunities fastExplore for FREE

INTERVIEW-France invites Chinese minister for official visit

Published 04/18/2009, 11:00 AM
Updated 04/18/2009, 11:08 AM

By Kirby Chien

BOAO, China, April 18 (Reuters) - France has invited China's commerce minister and other officials to visit later this year, a trade office said on Saturday, the latest sign that Paris is moving rapidly to repair frayed ties.

"It has already been done," said Trade Minister Anne-Marie Idrac, referring to invitations extended to Commerce Minister Chen Deming and other officials.

The relationship between China and France had deteriorated after the disruption of the Paris leg of the Olympic torch relay last summer by pro-Tibet activists incensed many Chinese.

Last year China pulled out of a European Union summit that France was to host, after President Nicolas Sarkozy met the Dalai Lama, Tibet's spiritual leader.

The two countries, however, began to mend tattered ties earlier this month with a joint declaration in which France recognised Tibet as a part of China and both sides agreed to cooperate on tackling the economic crisis. [ID:nSP464953]

"The only question is to find the right moment" for the visits, she told Reuters on the sidelines of the Boao Forum.

The visits are being planned for later this year and could include a procurement mission to purchase French goods, she said.

Idrac said she will meet with Chen Deming in Beijing next week to discuss these and other issues.

France hopes to expand commercial ties with China and create opportunities for French firms to benefit from Beijing's 4 trillion yuan ($585 billion) stimulus package.

"I would be happy with as much as possible," she said, when asked about the level of Chinese investment that could be expected. "But at the moment it is so low."

Idrac said France wanted to diversify its commercial relations with China to include a wide range of industries such as health care, agriculture, energy and waste management.

"We are interested in a long-term relationship," she said.

($=6.83 yuan) (Reporting by Kirby Chien)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.