The government is trying to reduce the trade deficit. A plan of 125 million euros to push the country’s companies to export has been put in place, the office of the Minister Delegate for Foreign Trade announced to AFP on Thursday.
Endowed with 13 measures, including assistance to encourage companies to go to international fairs and support for the hiring of a young person dedicated to exporting, this plan is financed for the period 2023-2026, the firm said. of the minister.
The other key measures consist of strengthening the visibility of French products on major online sales platforms, supporting the export of companies that have won the France 2030 initiative and training young entrepreneurs in the challenges of exporting. This plan is intended for small and medium-sized businesses and mid-sized businesses.
At the end of 2022, 145,700 French companies were exporting. The government aims to increase this number to 200,000 by 2030. “France can and must once again become a major exporting and trading power. We have been in the past, there is no fatality that we do not become so again. France cannot resolve to chronic trade deficits,” said the Minister Delegate for Foreign Trade, Olivier Becht, in an interview published Thursday by Le Figaro.
In 2018, the “Roubaix strategy” saw the birth of Team France Export (TFE), an organization bringing together all French export players and making it possible to more effectively support companies tempted by the international market.
In addition, previous support schemes, through the export section of the France Relance plan, came to an end at the end of 2022. They notably offered credits to exporting companies to promote their products on online platforms abroad, as well as as aid for translation and training.