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France values Southeast Asia as potential export market

France considers Southeast Asia a priority in its export development strategy, French Senator Christian Poncelet has said.
France considers Southeast Asia a priority in its exportdevelopment strategy, French Senator Christian Poncelet has said.

He made the statement at a seminar jointly held by the French agencyfor export promotion Ubifrance and the Senate in Paris on April 3 tointroduce local businesses to opportunities in 10 Southeast Asianmarkets.

Poncelet, who is also President of theFrance-Vietnam Friendship Parliamentarians’ Group, said that Francehas maintained good relations with Southeast Asia in various fields,ranging from diplomacy and culture to economics-trade.

The French Ministry of Foreign Trade has built an export marketdevelopment strategy targeting newly emerging economies in four majorfields, namely food industry, health, information-communicationtechnology, and urban development, he added.

Atpresent, France ’s exports account for only 1.5 percent of market sharein Southeast Asia. The country ranks second in Europe, after Germany, in exports to the ASEAN-6 group of Singapore, Thailand,Indonesia, Malaysia, the Philippines and Vietnam.

France should have a flexible strategy to improve its marketshare in ASEAN as each country in the region bears its owncharacteristics, the senator said.

This was thesecond time Ubifrance had organised such a workshop in collaborationwith the French Senate. Earlier, the agency’s representatives in somecountries, including Vietnam, Singapore and Thailand, held fourroundtables with French businesses on how to promote exports to theSoutheast Asian market.-VNA

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