France should focus on emerging markets: minister

20th October 2010, Comments 0 comments

French companies should focus on developing trade with emerging countries in order to share in their growth, Foreign Trade Secretary of State Anne-Marie Idrac said Wednesday.

Presenting the "France Export 2011," Idrac said France needed to refocus its trade "to take into account the areas were growth will be strongest."

Currently about 60 percent of French foreign trade is with its EU partners, she noted.

She said 2011 programmes to aid French companies abroad would focus even more on emerging countries.

France's 12-month trade deficit stood at 48.6 billion euros in August.

© 2010 AFP

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