Macron’s Visit to Russia Likely to Boost Bilateral Ties – French Businessman

Macron’s Visit to Russia Likely to Boost Bilateral Ties – French Businessman
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AP Photo / Francois Lenoir, Pool PhotoWorld09:33 23.05.2018(updated 09:34 23.05.2018) Get short URLTopic: St. Petersburg International Economic Forum 2018
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MOSCOW (Sputnik) – The visit of French President Emmanuel Macron to Russia will facilitate the improvement of French-Russian ties and contribute to the development of bilateral business relations, the head of French logistics company Gefco, Luc Nadal, told Sputnik.

Macron’s two-day visit to St. Petersburg will begin on Wednesday. The French president will attend St. Petersburg International Economic Forum (SPIEF) as a guest of honor.

“We expect the visit of president Macron to help strengthen the relations between the two countries and to contribute to the future development of business relations,” Nadal said.

READ MORE: Macron Views Lifting of US Tariffs on Steel as Condition for Trade Talks With US

Gefco is an example of a successful French-Russian cooperation, according to Nadal. Russian Railways owns a 75-percent stake in the company, the rest belongs to Peugeot-Citroen.

“The headquarters and top management of the company are in France, while its main shareholder is in Russia. Gefco has been operating in Russia for more than 15 years and we are certain that the relations between France and Russia will be developing in a good way,” Nadal said.

SPIEF, held annually in Russia’s second largest city of St. Petersburg, will begin on Thursday and last through Saturday. The forum serves as a major global platform for the discussion of crucial economic issues and networking.

Rossiya Segodnya International Information Agency is the official media partner of the forum.

Source.