Trade Agreements In France

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The government therefore supports a balanced trade policy that ensures access for French companies to foreign markets, but preserves collective sensitivities and preferences. In order to ensure the conditions for fair competition and reciprocity in the opening of markets, France is also cooperating with the Council to strengthen its trade protection and protect its strategic sectors by increasing its anti-dumping duties and improving its supervision of foreign investments. Most foreign trade is based on the exchange of goods. In the case of agricultural raw materials, France has become an increasingly important net exporter of raw agricultural products (such as cereals) as well as agro-industrial products such as food and beverages, including wines, canned fruit and vegetables and dairy products. However, the need to import large quantities of oil (and, to a lesser extent, gas and coal) has resulted in a considerable deficit for these exchanges. Although France imports many industrial goods, it has long been a major exporter of vehicles and means of transport, armaments and professional electronics. Recently, exports of drugs and parachemicals have increased. The government supports a balanced trade policy that guarantees French companies` access to foreign markets, but preserves collective sensitivities and preferences and promotes compliance with the Paris Agreement. France also defends the proposals to monitor the agreements in order to ensure true reciprocity, ensuring that our trading partners respect the commitments they have made so that our companies can fully benefit from the opening of markets. The conclusions of the European Council of 21 and 22 March 2019 call for the resumption of discussions in the Council on the International Instrument for Public Procurement, which aims to ensure reciprocity of access to public procurement. France has also proposed to strengthen the monitoring and compliance functions and to create a European Trade Prosecutor`s Office to ensure compliance with these obligations. This policy has led to the conclusion of several recent agreements: South Korea (2009), Singapore (2012), Colombia and Peru (2012), CETA with Canada (2016, provisionally entered into force in September 2017) and the Economic Partnership Agreement with Japan (entered into force on 1 February 2019).

Negotiations are under way with Chile, Mexico and Mercosur, Australia and New Zealand. Outside the EU, the UNITED States is france`s other important trading partner, although Russia and China have claimed a growing percentage of French trade in the twenty-first century. . . .