(Aditya Shaw, Intern Journalist): Due to various decisions on religious sites, prohibition of burqa, France has already been engaged with the Islamic countries. This time the matter has become serious with the killing of four people, including a teacher, by Islamic radicals on making cartoons of the Prophet. Many Islamic countries have announced a Boycott of French products. Among them Turkey, Pakistan, Bangladesh and Iran are at the forefront.
The special thing is that France’s business with these countries is $ 100 billion i.e. Rs 7.50 lakh crore. Is more than that. If all Islamic countries completely boycott France, it could suffer a major setback. But this will have an impact on both sides as France also imports 55% of it from them. At the same time, French President Macron said – Prophet does not support cartoon maker, but does not tolerate violence.
Major exports to Islamic countries – industrial machinery, gas turbines, vehicles, auto parts, public transport systems, weapons, aviation products, boilers, tractors, iron-steel products, electric, electronics, medicine, etc.
The major role of these 5 countries in France’s business- The role of trade relations with these Muslim countries is very important in France’s international business. Turkey, Morocco, Algeria, Saudi Arabia, and Tunisia in particular have a large share of it.
Eiffel Tower cost twice Pakistan’s GDP
Pakistan is showing the most anger against France after Turkey, but it will not affect France. According to Trending Economics, Pakistan’s GDP in 2020 is estimated to be $ 27,000 million. At the same time, the Eiffel Tower in Paris is valued at about $ 58,000 million, which is double the GDP of Pakistan. The Eiffel Tower is visited by 1 million people annually. Pakistan is also not in the top 20 countries in trade with the Islamic countries of France.
France’s exports to 7 major Arab countries are $ 2900 million, most of them to Morocco and Algeria.
UAE, Saudi Arabia, Qatar, and Egypt export nearly $ 1400 million, out of which 429 million to Qatar alone.
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