Braun-Pivet in China to Resolve Cognac Sanctions as Financial Pressures Mount

Yaël Braun-Pivet, the president of the French National Assembly, is on a diplomatic mission in China with the objective of negotiating the lifting of sanctions affecting the French cognac and armagnac industries. These sanctions, introduced in response to the EU's anti-dumping investigation into Chinese electric vehicles, have resulted in severe economic consequences for the French cognac sector, which reports losses of approximately €50 million per month due to these restrictions.

Braun-Pivet's visit comes at a critical time as she seeks a resolution ahead of July 5, when China is expected to announce findings related to the anti-dumping inquiry that triggered the sanctions. The French government is keen on addressing these economic pressures, given the significant impact on the national cognac market. In her discussions with Chinese officials, including the president of the National People's Assembly, Zhao Leji, Braun-Pivet aims to highlight the urgency of the situation and advocate for a shift in policy that would benefit both nations.

Amid these trade discussions, Braun-Pivet has also addressed broader geopolitical issues during her visit, reflecting France's diplomatic posture on sensitive matters like Taiwan and human rights. Her prior stance on issues such as the treatment of the Uyghur minority and support for Taiwan's inclusion in international organizations has been a point of contention, especially against the backdrop of China's 'One China' policy. The outcome of these negotiations could have significant ramifications not only for the cognac industry but also for the future of Franco-Chinese relations as tensions remain high over various international issues.

As Braun-Pivet continues her four-day visit, her ability to navigate these complex discussions will be pivotal for the financial health of the cognac sector and could redefine France's strategic engagements with China in the near future.