What Trade Agreements Does France Have

France also defends the proposals to follow up on the agreements to ensure true reciprocity by 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 work 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 functions related to the monitoring of agreements and their compliance and to create a European Public Prosecutor`s Office to ensure compliance with these obligations. Since 2006, the European Union has included a chapter on sustainable development in its trade agreements, which introduces cooperation between the parties on issues of worker protection and environmental protection. These provisions oblige the partners to respect the main international agreements of the International Labour Organization (ILO) and environmental agreements. They also oblige partners to refrain from relaxing social and environmental regulations in order to attract investors. France is part of the EU`s Harmonised Trading System and imports and exports are covered by the EU`s Tax and Customs Union. The EU-Vietnam trade agreement will make it easier and cheaper for them to do so. Most foreign trade is based on the exchange of goods.

In the case of agricultural products, France has become an increasingly important net exporter of agricultural raw materials (such as cereals) as well as agro-industrial products such as food and beverages, including wines, canned fruits and vegetables and dairy products. However, the need to import large quantities of oil (and, to a lesser extent, gas and coal) has led to a significant deficit for these trades. Although France imports many industrial goods, the country has long been a major exporter of vehicles and means of transport, as well as armaments and professional electronics. Recently, exports of pharmaceuticals and parachemicals have increased. France, one of the main trading countries, has become one of the world`s leading exporters, with the value of exports accounting for more than one-fifth of GDP. France is also a major importer, including machinery, chemicals and chemicals, tropical agricultural products and traditional industrial goods such as clothing and textiles. The high level of imports led to a trade deficit for much of the period from the early 1970s to the early 1990s. . .