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France and China Maintain Dialogue Over Cognac Dispute and Beef Embargo

High-level talks continue as China urges a fairer business climate and France seeks resolutions to trade barriers affecting key exports.

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Overview

  • Chinese Vice-Premier He Lifeng called for a more equitable and predictable business environment during his visit to France, meeting with Economy Minister Éric Lombard.
  • Negotiations over China's anti-dumping measures on European brandy, primarily affecting French cognac, remain unresolved, with France losing €50 million monthly in exports.
  • President Emmanuel Macron expressed cautious optimism about progress in resolving the cognac trade dispute, though no definitive solution has been reached.
  • China's embargo on French bovine meat, imposed due to a bluetongue disease outbreak, continues with no timeline for lifting, despite He Lifeng's comments welcoming future imports.
  • Both nations encouraged reciprocal investments, with China inviting increased French business activity and promoting Chinese investments in France.