TABLE OF CONTENTS I. Commercial Overview A. Overview of Import Market . . . . . . . . . . . . . . . . .1 B. Major Business Opportunities. . . . . . . . . . . . . . . .1 C. Synopsis of Commercial Environment . . . . . . . . . . . .1 D. Host Country Business Attitude Towards the U.S. . . . . . .1 E. Obstacles to Doing Business . . . . . . . . . . . . . . . .2 F. Nature of Local and Third Country Competition . . . . . . .2 II. Leading Trade Prospects for U.S. Business. . . . . . . 3-4 III. Economic Trends and Outlook A. Major Trends and Outlooks . . . . . . . . . . . . . . . . .5 B. Principal Growth Sectors. . . . . . . . . . . . . . . . . .6 C. Government Role in the Economy . . . . . . . . . . . . . .6 D. Balance of Payments Situation . . . . . . . . . . . . . . .7 E. Trade Barriers . . . . . . . . . . . . . . . . . . . . . .7 F. Investment Barriers . . . . . . . . . . . . . . . . . . . .8 G. Labor Force . . . . . . . . . . . . . . . . . . . . . . . .9 H. Major and Third Country Competitors . . . . . . . . . . . .9 I. Infrastructure Situation . . . . . . . . . . . . . . . . 10 J. Major Infrastructure Projects Underway in France . . . . .10 IV. Political Environment A. Bilateral Relationship . . . . . . . . . . . . . . . . . 11 B. Political System . . . . . . . . . . . . . . . . . . . . 11 C. Political Events Affecting Business Climate . . . . . . . 11 V. Marketing U.S. Products and Services A. Distribution & Sales Channels . . . . . . . . . . . . .12-17 B. Distribution Systems for Food Products in France . . . . 18 C. Approaches to the French Market . . . . . . . . . . . . . 19 D. Selling Factors/Techniques . . . . . . . . . . . . . .20-22 E. Government Procurement . . . . . . . . . . . . . . . .22-24 F. Intellectual Property Protection . . . . . . . . . . .24-29 G. Need for Local Attorney . . . . . . . . . . . . . . . . . 29 VI. Trade Regulations and Standards A. Tariffs and Import Taxes . . . . . . . . . . . . . . . . 30 B. Customs Valuation . . . . . . . . . . . . . . . . . . .30-31 C. Internal Taxes . . . . . . . . . . . . . . . . . . . . . 31 D. Export Controls . . . . . . . . . . . . . . . . . . . . . 31 E. Import/Export Documentation . . . . . . . . . . . . . .31-32 F. Temporary Entry . . . . . . . . . . . . . . . . . . . . . 33 G. Labeling and Marking Requirements . . . . . . . . . . .34-36 H. Prohibited Imports . . . . . . . . . . . . . . . . . . . 36 I. Technical Standards . . . . . . . . . . . . . . . . .36-38 J. Membership in Free Trade Zone/Warehouse Agreements . . . 39 VII. Investment Climate in France A. General Government Attitude Towards Foreign Investment 40-42 B. Rules and Regulations Affecting Foreign Investment . . 42-45 C. Protection of Intellectual Property Rights . . . . . . . 45 D. Investment Incentives . . . . . . . . . . . . . . . . .45-46 E. Anticipated Changes in Investment Policies . . . . . . . 46 F. Investment Disputes . . . . . . . . . . . . . . . . . .46-47 G. Bilateral Investment Agreements . . . . . . . . . . . . . 47 H. Investment Insurance Programs . . . . . . . . . . . . . . 47 I. Labor and Industrial Relations . . . . . . . . . . . .47-48 J. List of Industries to be Privatized . . . . . . . . .48-49 K. Capital Outflow Policy . . . . . . . . . . . . . . . . . 50 L. Tax Policy . . . . . . . . . . . . . . . . . . . . . .50-52 VIII.Trade and Project Financing A. Banking System . . . . . . . . . . . . . . . . . . . . . 53 B. Foreign Exchange Controls . . . . . . . . . . . . . . .53-54 C. General Financing Availability . . . . . . . . . . . . . 54 D. Export Financing . . . . . . . . . . . . . . . . . . .54-55 E. Correspondent U.S. Banking Arrangement . . . . . . . .55-56 IX. Business Travel . . . . . . . . . . . . . . . . . . .57-59 X. APPENDICES APPENDIX A Country Data APPENDIX B Best Prospects for Industry, Service and Agricultural Sectors for U.S. . . Exporters to France APPENDIX C U.S. and Country Contacts APPENDIX D Market Research APPENDIX E Trade Event Schedule