empty
 
 
Macron welcomes cooperation with Russia, but on some conditi...
06-09-2019 16:06
Macron welcomes cooperation with Russia, but on some conditions
Macron welcomes cooperation with Russia, but on some conditions

France has mastered the art of diplomacy throughout centuries. The second-largest economy in the eurozone maintains complicated political relations with Russia. Indeed, France votes for extension of sanctions on Russia and flatly rejects Russia’s participation in the Group of seven most advanced global economies. At the same time, France’s officials visit the annexed peninsula Crimea. Moreover, President Emmanuel Macron claims that he believes in bright prospects of the relations between the two countries. “Russia is European, very profoundly, and we believe in a Europe which stretches from Lisbon (Portugal) to Vladivostok (Russia),” President Macron summed up his meeting with the Russian leader.

The French President hosted his Russian counterpart ahead of the annual G7 summit which took place in France this year. Russia used to be the eights country in the group but was excluded in 2014. Emmanuel Macron reiterated that only joint efforts would ensure efficient international cooperation. Nevertheless, the French President called on Vladimir Putin to resolve the lingering conflict with Ukraine that destroys the idea of the united Europe. In this context, the present pattern of relations between France and Russia is outdated. “We're making efforts to develop the French-Russian relations. I'm convinced that during this multilateral overhaul, we need to develop the architecture of security and trust between the EU and Russia", the French leader said on the optimistic note. Nevertheless, such statements have not changed the status quo. The Presidents of France and Russia did not sign any agreements. They did not bring up the question of lifting sanctions. France again condemned Russia’s involvement in the territorial integrity of Ukraine. France has not acknowledged the Crimea as the autonomous republic inside Russia. Last but not least, France is not ready to interact with Russia in the G7 format.      

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS
Can't speak right now?
Ask your question in the chat.
Widget callback