Entrepreneurship and trade between Moscow and the Greater Paris metropolis
Mayor of Moscow Sergey Sobyanin and president of the Greater Paris metropolis Patrick Ollier signed a cooperation program for 2019-2021. The ceremony took place during the Moscow Urban Forum.
The program entails the exchange of experience, knowledge, and information across key areas of urban development. This includes entrepreneurship and trade, urban development, the environment, culture and cultural heritage, the “Smart City” concept, information technologies, sports, as well as improvements to technology parks.
The Greater Paris metropolis is a new administrative unit formed on January 1, 2016. The agglomeration includes the city of Paris and its entire periphery – 131 communes of the departments of Saint-Saint-Denis, Saint-et-Marne, O-de-Seine, Val-de-Marne, Val-d’Oise, Essonne and Yvelines. The population of the metropolis is 7.2 million people.
One of the priorities of Greater Paris is the establishment of a transport system that will connect the suburbs with each other and with Charles de Gaulle Airport without a transfer in the city center. To this end, new metro lines, including automated ones, are being actively built on the territory of the metropolitan area. They will be integrated with the TGV railway – the French network of high-speed electric trains. In addition, improving the energy efficiency of buildings under construction and renovating the existing housing stock is a priority for Greater Paris.
The metropolitan area currently produces about 25% of France’s gross domestic product.
In 2018, the turnover between organizations registered in Moscow and French partners amounted to $ 5.6 billion. And in the first quarter of 2019, this figure rose to $ 1.1 billion. France ranks fifth in terms of bilateral trade among foreign partners of the Russian capital.
About 170 companies with French capital are registered in Moscow. As of October 1, 2018, France’s accumulated investment in the Moscow economy amounted to almost $ 3.9 billion.
According to the Border Service of the FSB of Russia, last year the flow of tourists from France increased by 9.8 percent compared to 2017 and amounted to 148,800 people.