The relations framework established during General de Gaulle’s 1966 visit to Russia allowed the countries to withstand the trial by sanctions
300 years of Russia-France diplomatic relations have been marked by a lot of events that seriously affected their development.
The interest for Russia seems to have reduced among the French elite, involved in foreign policy making. Leading French media create quite a negative ...
... notwithstanding, France was the second largest investor after Germany, boasting accumulated investments of 12 billion euro in various sectors – from the defense industry to retail trade. In fact, French enterprises can be found in all segments of the Russian economy.
As for foreign trade, France came in behind Germany and Italy, which import Russian gas, but used to export more high-tech items.
Today French exports are damaged for two reasons. First, Russia's economy has weakened and the country is importing fewer goods. The second reason ...
... to surpass the 2011 level, which means that the future trend is on the upward curve. Interestingly, turnover began growing during the 2008-2009 crisis when Russian overall foreign trade was on the decline, but not with France.
Photo:
Arnaud Dubien
France is the third largest investor in Russian economy. Which sectors are most attractive for French capital and which lag behind?
For starters, I should make it clear that in 2011 and 2012, France was the third largest provider of FDI in Russia, but through offshore investments, which in essence ...