Salut France! We American do like your way of life what is known as Vie la France. We also admire your culture, history and so many other attributes. We want to do business with you. Let's see how you are doing? Let's see who can climb the Eiffel tower faster!
We know you have great schools like Ecole Polythenique, ENPC, HEC, and ESC Grenoble but do you have the right business environment in France. Should we come to France to do more business with France, being led by Nicolas Sarkozy? As a matter of fact we do like him in America and think he is strong willed and competitive, and we do like competition. Bon chance to Nicolas Sarkozy in the upcoming presidential election.
Let us see France. It is a great country which has a passion for engineering and technology and research. Few of the finest companies in pharmaceutical, financial, automobiles, aviation, space, train, cosmetics are French. How, can I even forget the French food industry, wine and perfumes? Oh, La la.
With a GDP: $1.816 trillion (2005 est.), GNI per capita: US $34,810 (World Bank, 2006) and Labor force: 27.72 million (2005 est.) France is the sixth largest economy in the world in USD exchange-rate terms, the seventh largest by purchasing power parity, while showing the lowest poverty rate amongst the large economies.
France is growing fast and thanks to its service sector which is creating bulk of the jobs. Government economic policies are endorsing foreign investment and domestic growth in a steady fiscal and monetary environment. Also, entrepreneurial ship is being promoted. We think it is a good way to reduce high unemployment rate of 9%
Also, French tourism industry is one of the biggest in the world. They have one of the finest cultural heritages and we all are proud off it. We all love Paris, Lyon, Nice and Grenoble. We want to visit there more and more often. We want to visit Louvre, Musée d'Orsay, the Eiffel Tower, Arc de Triomphe and cathedral of Notre-Dame. We want to eat French fries, even thought we call them Freedom Fries.
We like you most of the time but sometimes you make us annoyed by now supporting foreign policies. I think it is part of competition, which we do like. Competition brings in the best in us. We know to spread our wings, to reach higher skies. We are well acquainted that greater the difficulty the more glory in surmounting it. We love to win and so do you.
We are well aware of your quality and we respect it. We want to copy some, use some and beat you on some. Let the game begin and victory goes to the one whose desire is strongest.
Bonjour to France, with love from United States of America.
Robin C. Trehan is partner at Transatlantic Investments and Advisory. He can be reached at robin@tafunds.com |