
An American Delegation of States in Paris (to Promote FDI)
December 11, 2017This post contains external links. Please review our external linking policy.
By Marie-Josee Andrieu, Investment Specialist at the U.S. Embassy in Paris, France, SelectUSA
France is the sixth-largest source of foreign direct investment (FDI) into the United States and an important international trading partner. Majority French-owned firms directly support more than 677,000 American jobs, while majority U.S.-owned firms directly employ 440,000 French workers. A central goal of the U.S. Embassy in Paris is to strengthen these bonds through increased cooperation and understanding.
SelectUSA and the Council of American States in Europe (CASE) recently hosted a “Set Up, Expand, and Succeed in the United States” seminar for 30 French companies planning to invest in the United States. We were joined by economic developers from 10 CASE member states: Arkansas, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Ohio, Missouri, and South Carolina.
A panel of FDI experts provided attendees with information on the U.S. investment climate, as well as legal and regulatory considerations. French aerospace company Safran, which launched its U.S. operations in the 1970s, joined the panel to discuss its experiences.
Initial discussions between French companies and U.S. economic developers took place during more than 80 meetings at the event. We look forward to a continuing dialogue among these companies and CASE to promote potential investments. We hope to see many of the participants at the upcoming 2018 SelectUSA Investment Summit, June 20-22, in Washington, D.C.
For more information on the premier FDI event in the United States, please visit www.selectusasummit.us.