India-France news

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Re: India-France news

Post by Cyrano »

https://www.francetvinfo.fr/monde/inde/ ... 63112.html

Use your browser translate only if you have the stomach for it.

For just this pukeworthy turd of an article by Marie-Violette Bernard with generous expert inputs from Christophe Jaffrelot, Ingrid Therwath and our own Meenakshi Ganguly "directrice Asie du Sud de Human Rights Watch" (who writes among others for Washington Post, Foreign Affairs, Scroll, Wire, Dhaka Tribune, The Kathmandu Post...) , full of insinuations, half truths, outright lies and completely lacking any journalistic ethics, the frenchies must be expelled as persona non grata, if any have obtained OCIs they must be cancelled, and as for our own citizenamma, we should have her as an invitee at a BRF jirga and give her a thorough brain washing with soap-nut juice and shikaakai.

Hey its a small world ! Guess who was Ingrid's thesis guide? Besides that, she has some more exceptional credentials as well....
https://fr.wikipedia.org/wiki/Ingrid_Therwath
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Re: India-France news

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Re: India-France news

Post by Rakesh »

France and India: Two Nuances of 'Strategic Autonomy'
https://www.csis.org/analysis/france-an ... c-autonomy
13 July 2023
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Re: India-France news

Post by bala »

Safran signs a deal with GMR Group for MRO of LEAP turbofan engines.

July 17, 2023

Occupying 36,500 sqm of built-up space across 23.5 acres, the facility will have an initial capacity to service 100 engines per annum, gradually increasing to around 300 engines by 2035. The construction of the facility will commence in September 2023. The facility is expected to be handed over in December 2024. This facility in Hyderabad will be the largest MRO (maintenance, repair and overhaul) centre in the Safran Aircraft Engines network, it said, adding operations are set to commence in 2025 and will provide employment to about 1,000 workers at its peak operation capacity.
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Re: India-France news

Post by Rakesh »

Modi in Paris: Why France can’t ignore India’s increasing influence
https://www.rt.com/india/579950-france- ... sing-role/
19 July 2023
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Re: India-France news

Post by Cyrano »

RT.com is blocked in France saar, could you please post the article itself svp?
Merci !
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Re: India-France news

Post by sanjaykumar »

What happened to press freedom?

Oh, maybe just for India. Carry on.
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Re: India-France news

Post by Cyrano »

Blanket banning all Russian TV & media channels across the EU was done by Von de Lying within days of Feb 24th 2022. Critical to make sure the vast majority of people only get 1 narrative. The efficiency and speed with with EU acted against Russia (media ban and sanctions) compared its habitual lethargic bumbling was the first give away for me to start thinking "something here isn't what it seems". That the ban is still on until today.
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Re: India-France news

Post by ramana »

Rakesh wrote: 20 Jul 2023 20:01 Modi in Paris: Why France can’t ignore India’s increasing influence
https://www.rt.com/india/579950-france- ... sing-role/
19 July 2023
Modi in Paris: Why France can’t ignore India’s increasing influence
Paris’ focus on New Delhi as a rising international player is getting stronger as the pair carve out a roadmap for strengthening ties
Kanwal Sibal
By Kanwal Sibal, retired Indian foreign secretary and former Ambassador to Russia between 2004 and 2007. He also held ambassadorial positions in Turkey, Egypt, France and was Deputy Chief of Mission in Washington DC.


Modi in Paris: Why France can’t ignore India’s increasing influence

India's Prime Minister Narendra Modi (C) and French President Emmanuel Macron (R) review troops during the Bastille Day military parade on the Champs-Elysees avenue in Paris on July 14, 2023. © GONZALO FUENTES / POOL / AFP

Prime Minister Narendra Modi’s state visit to France as chief guest on Bastille Day on July 14 further consolidates the strategic ties between India and France. The French gesture flows from a growing recognition of India’s rising international stature and its high economic growth. Already the world’s fifth largest economy, India is expected to be the third largest by 2027. The country’s young population, with some general skillset development, can meet the manpower needs of aging industrial economies.

India’s considerable military potential and expanding defense sector offers opportunities for defense sales and collaborations. France, always a significant defense partner of India's, is now in second place after Russia in New Delhi's rankings. India-France economic ties being far below potential, Paris is seeking more economic opportunities with, as well as more investment from, India.

Paris sees New Delhi, which has the strongest navy in the Indian Ocean, as a major partner in the Indo-Pacific region, where France has territories and military presence. It is also concerned about China’s growing presence and influence. Beyond this, on issues like climate change, nuclear power, renewable energy, space etc., France has a strong focus on India.

Macron charms Modi in Paris, describes India as ‘key partner’ and ‘giant of history’
Read more Macron charms Modi in Paris, describes India as ‘key partner’ and ‘giant of history’
India's assumption of a leadership role in the Global South, its role within the G20, in the G7 as an invitee, and its membership of BRICS and SCO, gives New Delhi an added value as a partner. France has cooperated closely with India on issues of anti-terrorism, extremism, and radicalization, bilaterally and in the UN. The recent riots in France that demonstrate the internal challenges the country faces regarding its minorities can only help to strengthen the dialogue on these shared concerns.

For India, France has been the closest strategic partner since 1998, when India conducted its nuclear tests and France refused to impose sanctions. Paris also opened the doors to a strategic dialogue with India, the first country to do so. India and France have also cooperated over the years in the nuclear and space domains. France, as a nuclear power and a permanent member of the UN Security Council, strategically autonomous despite being in NATO, a former empire supportive of multipolarity, has been a particularly attractive partner for India in Europe. For India, unlike in the case of the US with its superpower attributes and intrusive policies, France as a “middle power” is seen as easier to deal with on an equal basis. Not surprisingly, French leaders top the list of chief guests at India’s Republic Day celebrations.

During Prime Minister Modi’s visit, decisions were taken to move forward on all these various aspects of India-France ties. The state visit, while celebrating 25 years of strategic partnership, was also an occasion to draw up a bilateral roadmap for the next quarter-century. The bilateral document adopted during the visit will cover the strengthening of economic ties, identifying joint initiatives in the areas of renewable energy, green hydrogen, artificial intelligence, semiconductors, cyber, digital technology, tie ups in the start-up and innovation ecosystems, technology supply chains, etc.

US ​​envoy faces flak for offering ‘help’ to defuse Manipur violence
Read more US ​​envoy faces flak for offering ‘help’ to defuse Manipur violence
In the context of climate change, having established together the International Solar Alliance, the two countries are working on a roadmap in the areas of the blue economy and ocean governance. India, which is taking initiatives to deal with partners where possible in national currencies, agreed with France to launch India’s UPI (unified payments interface) in France. The payment mechanism will go live by September 2023 with the Eiffel Tower as the first retail outlet in France to accept UPI.

India and France are pursuing an ambitious bilateral cooperation on advanced digital technologies, particularly in the fields of supercomputing, cloud computing, Artificial Intelligence, and quantum technologies, including in the framework of the Global Partnership on Artificial Intelligence (GPIA).

In defense, Prime Minister Modi noted the strong defense pillar of the relationship, stressing India’s Make in India' and 'Atmanirbharta' (self-reliance) goal centered on co-production and co-development, including in the construction of submarines and naval vessels. India visualizes more cooperation between the defense space agencies of the two countries. Negotiations to build six French-origin nuclear reactors at Jaitapur are in process, with discussions also taking place on Small and Advanced Modular Reactors. Space based Maritime Domain Awareness is also a potential area of cooperation.

Significantly, prior to Prime Minister Modi’s visit, it was widely reported in the Indian and the French press that India’s decision to acquire 26 Rafales (naval version) for India’s new aircraft carrier will be announced during the visit, as well as the construction of three additional Scorpene submarines by Mazagaon Dock in collaboration with the French Naval Group. Just before the visit, India’s Defense Minister cleared in principle these two projects. However, the documents signed during the visit do not mention them.

Indian PM invites French CEOs to explore country’s growth story
Read more Indian PM invites French CEOs to explore country’s growth story
Interestingly, the Rafale jets were in competition with the American F18s, while during the German Defense Minister’s visit to India in June, Germany’s Thyssenkrupp signed an MoU with an Indian company to participate in a submarine tender by the Indian Navy. Perhaps New Delhi decided at the last minute not to jump the gun as a long process of negotiations on price, work share, technology transfer etc. lie ahead. The joint statement merely says that “India and France are ready to explore more ambitious projects to develop the Indian submarine fleet and its performance.”

It was agreed, however, that in the future, India and France will support the joint development of a combat aircraft engine, industrial cooperation for motorization of heavy-lift helicopters under the Indian Multi Role Helicopter [IMRH] program with Safran Helicopter Engines, France. A contract has been concluded between Safran Helicopter Engines and HAL for the Transfer of Technology of Forging and Castings for the Shakti Engine, as well as a MoU between Garden Reach Shipbuilders and Engineers Ltd. (GRSE), and Naval Group France to collaborate in the field of surface ships. To this end, both countries are also working towards adopting a Roadmap on Defense Industrial Cooperation.

Further to the Joint Strategic Vision of India-France Cooperation in the Indian Ocean Region adopted in 2018, a new Indo-Pacific Roadmap has been adopted. Trilateral cooperation with like-minded partners in the region will also be a key pillar of cooperation in the Indo-Pacific region, in particular with the United Arab Emirates and Australia.

On terrorism, India and France will strengthen cooperation on all aspects to stay ahead of the evolving threat. This would include operational cooperation, multilateral action, countering online radicalization and combating financing of terrorism, particularly through the No Money for Terror (NMFT) initiative and the Christchurch Call to Action to Eliminate Terrorist and Violent Extremism Content Online.

On the Ukraine conflict, on which India and France have different views, India has stood by its known position. The joint statement makes no mention of the conflict. President Macron made a somewhat muted reference to Russia’s invasion of Ukraine in the joint press conference, while Prime Minister Modi in his remarks referred to the global impact of the Covid epidemic and the Ukraine conflict, and expressed concern about how it was especially harmful to the Global South. To resolve these problems, he said, it was necessary for all nations to make joint efforts. He added that all differences should be settled through dialogue and diplomacy and that India was ready to cooperate for establishing durable peace.

All in all, a productive visit that seeks to promote shared interests in an increasingly fractured global environment.
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Re: India-France news

Post by NRao »

The street level story is that the Indian ambassador to France has gone rogue on the GoI.

Sent to dismantle anti-India leftists in France, the ambassador (and family) has been aiding the leftists within France!!
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Re: India-France news

Post by Pratyush »

If that is a concern. He can always be recalled.

But the major issue is the recruitment process of men like him in the service.

The UPSC has been actively weeding out people who didn't fit a particular mold.
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Re: India-France news

Post by Vayutuvan »

sanjaykumar wrote: 21 Jul 2023 01:19 What happened to press freedom?

Oh, maybe just for India. Carry on.
RT is banned in the US too. Al Jazeera also not available on cable/broadcast.
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Re: India-France news

Post by Cyrano »

NRao wrote: 21 Jul 2023 09:08 The street level story is that the Indian ambassador to France has gone rogue on the GoI.

Sent to dismantle anti-India leftists in France, the ambassador (and family) has been aiding the leftists within France!!
The minimum he should have done is to get on French TV & press interviews and rebut the baseless and malicious narrative being peddled all the time, like in the distasteful example I posted above. I have seen none of that. We should push Dr SJ for his recall. We cant afford to have these "simply sitting, monthly getting' type of diplodoormats.
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Re: India-France news

Post by Pratyush »

How much of this is a result on ex. NDTV Sarah Jacob joining France 24 ?
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Re: India-France news

Post by Cyrano »

No one really watches France 24 in France. Sometimes their reports may be picked up and reused by other French channels if they think some foreign news item is interesting for domestic audience.
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Re: India-France news

Post by Rakesh »

NRao wrote: 21 Jul 2023 09:08 The street level story is that the Indian ambassador to France has gone rogue on the GoI.

Sent to dismantle anti-India leftists in France, the ambassador (and family) has been aiding the leftists within France!!
What is the source for this information? Please provide a source, otherwise this post will be deleted.
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Re: India-France news

Post by sanjaykumar »

Is all that jazz available in India?

More pertinently what is not available in Qatar?
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Re: India-France news

Post by Rakesh »

PM Modi’s Paris Visit: Sky is the Limit in Indo-French Relations
https://www.news18.com/opinion/opinion- ... 92345.html
21 July 2023
The canvas covered during Prime Minister Narendra Modi’s visit was vast. India and France can each gain substantially from expanding ties in a host of identified domains.
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Re: India-France news

Post by chetak »

Cyrano wrote: 21 Jul 2023 15:17 No one really watches France 24 in France. Sometimes their reports may be picked up and reused by other French channels if they think some foreign news item is interesting for domestic audience.
she is the bahu of montek singh alhuwalia, and she is a house ni**er and congi doormat, her father, IIRC, was some governor of some chota mota NE state
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Re: India-France news

Post by Y I Patel »

NRao wrote: 21 Jul 2023 09:08 The street level story is that the Indian ambassador to France has gone rogue on the GoI.

Sent to dismantle anti-India leftists in France, the ambassador (and family) has been aiding the leftists within France!!
He was just given a year’s extension … so very likely the word on the street is wrong
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Re: India-France news

Post by ramana »

Who are we talking about?
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Re: India-France news

Post by Rakesh »

ramana wrote: 21 Jul 2023 22:02 Who are we talking about?
Ramana-ji, NRao is referring to Jawed Ashraf.

This is a consistent pattern with NRao. Makes up stuff on the fly. Nothing can be verified and he never provides sources. "Just Trust Me" is his modus operandi. It stems from frustration that Modi's France visit was as successful - if not more - as his US visit. So will rain on someone's parade and watch forum members discuss back and forth.
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Re: India-France news

Post by NRao »

When I posted my previous post I had heard it from two sources - verbally.

However, since then Sanjay Dixit (of Jaipur Dialogs) (along with Vibhuti Jha) has more details than I have provided, in a video he posted in the past 36 hours. From his comments, one can possibly understand why the amby is not withdrawn.
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Re: India-France news

Post by ramana »

I don't know.
On Twitter going through Jawed Ashraf timeline, he is not what those two portray.
On the contrary, he might have gotten an extension to keep the relationship on track.
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Re: India-France news

Post by NRao »

There are two indo-french relations.

At the national level there are no issues. In fact, this relationship is arguably the strongest.

The ambassador was sent to tackle the second. Paris happens to be the epicenter of GLOBAL anti indie or anti Modi movement. The brain power to remove Modi is based in Paris. Jawed bhai was sent to dismantle this cabal. There is a French guy who claims to be an expert on RSS, Hindutwa, etc. It is this guy, not Macron that is in the middle of the chakraview.

Take care.
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Re: India-France news

Post by Pratyush »

No government of India can send anyone in an official capacity overseas to ensure that the current head of the state is not targeted by anyone or anything.

The employee is a representative of the state. He is doing his job.

The dismantling of Anti Modi cabal is not an official function of the state.

It is a function of BJP and that too within India.

The limit of state action is measures taken to prevent external intervention in India election and election campaigns.
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Re: India-France news

Post by Cyrano »

What I expect of the Indian ambassador to France and every other Indian ambassador is to counter false narratives and baseless allegations being peddled that are anti-India, with facts and cogent arguments. It doesn't matter who is in power, we cannot let the relations between two countries and their peoples be impacted by such drivel.

That our EAM Dr SJ does such a stellar job of it cannot be the excuse to leave all such heavy lifting to him. I believe our ambassadors are well trained and experienced enough to do their part in their host countries with the kind of politeness and charm they're expected to have.

May be a few years ago, this was not important and their job was just sophisticated chai-biskooting, but thats no longer the case. They better get their act together or there will be pressure from Indians & pravasis for their recall.

The main source of these narratives in France is "Sciences Po", whose graduates go into journalism, administration, diplomacy, international institutions of all types, NGOs etc, think tanks, and of course politics, and routinely become party leaders, ministers and presidents. I dont know if anyone can "dismantle this cabal", that could take years, even decades. But a good start would be use every media opportunity to set the record straight.
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Re: India-France news

Post by chetak »

NRao wrote: 22 Jul 2023 09:06 There are two indo-french relations.

At the national level there are no issues. In fact, this relationship is arguably the strongest.

The ambassador was sent to tackle the second. Paris happens to be the epicenter of GLOBAL anti indie or anti Modi movement. The brain power to remove Modi is based in Paris. Jawed bhai was sent to dismantle this cabal. There is a French guy who claims to be an expert on RSS, Hindutwa, etc. It is this guy, not Macron that is in the middle of the chakraview.

Take care.


NRao ji,

jaffrelot

there are two main and extremely well funded anti India, anti modi and anti Hindu cabals in the west

the more poisonous one is being run out of france and the other, out of the US

we are more familiar with the US scum because of our familiarity with the english language, but not so well versed with the french नाली का कीड़ा and jaffrelot is the head of that snake

he would benefit enormously with some body cavity searches on his next visit to the मातृभूमि

and to think that there are thousands of Indian graves in france, of Indian soldiers, who gave their all, to free the french and other europeans, both in WWI and WWII.

Talk about cultural ingratitude and the racist sense of entitlement of these whites, exemplified by the likes many jaffrelots in the west.

decades ago, in many a faraway muddy fields, for the tomorrow of these ungrateful whites, they gave their today, and that too, in a fight in which they had no dog and yet we end up with such jaffrelot scum

It is a matter of quiet satisfaction to us, that the long overdue rehabilitation of valor and the memory of these many tens of thousands of the Indian soldiers who sacrificed their lives has now begun....
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Re: India-France news

Post by Cyrano »

Thankfully there are some serious objective analysts and commentators outside the French MSM.

Our ambassador & MEA in France would do well to engage more with messieurs like Joël Ruet, Alain Juillet and Claude Medori, while also debunking the Jaffrelot types.

Unfortunately, conversation & CC in French. Hope we will soon have an AI tool that does real time auto translate during playback or more and more Indians learn French...

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Re: India-France news

Post by NRao »

Cyrano wrote: 24 Jul 2023 14:52 Unfortunately, conversation & CC in French. Hope we will soon have an AI tool that does real time auto translate during playback or more and more Indians learn French...
(My version of) YT has a button for transcripts. I was able to generate a transcript in French, which goggle translated into English.
Cyrano wrote: 24 Jul 2023 14:52 Thankfully there are some serious objective analysts and commentators outside the French MSM.

Our ambassador & MEA in France would do well to engage more with messieurs like Joël Ruet, Alain Juillet and Claude Medori, while also debunking the Jaffrelot types.
Unfortunately, this suggestion cannot solve **the** problem. Jaffrelot is only a single cog, but WRT India is an extremely important one.

As a quick example, a Harvard-based Prof has written a book (recommended by Oprah!!) that the Hindu caste system was the reason for enslaving and oppressing blacks in the US (source: Rajiv Malhotra of the Infinity Foundation)!!! That the Europeans figured out how to oppress only after they went to India. Jaffrelot is part of this thinking.

A LOT to unpack.
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Re: India-France news

Post by bala »

NRao ji, the above Harvard inspired nonsense is what Rajiv Malhotra is fighting (which you have alluded) and he has a book called "Snakes in the Ganga". Lots of tinkering to absolve the White man's burden on slave trading, colonization, decimation of native Indians and other oppressive behavior. Wokism is marxist idealogy version 2, 3 etc. To get the narrative to swing towards India, there is a need to first fix the education system of India and its marxist domination by edu people like Irfan habib, Romilla thapar etc. India needs to revive the Ask for return of loot by the Britshits (netherland has already agreed to return the Dutch loot artifacts) and also reparation for the 200 million deaths of Indians in famines caused by the Britshits in India.
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Re: India-France news

Post by chetak »

NRao wrote: 24 Jul 2023 18:24
Cyrano wrote: 24 Jul 2023 14:52 Unfortunately, conversation & CC in French. Hope we will soon have an AI tool that does real time auto translate during playback or more and more Indians learn French...
(My version of) YT has a button for transcripts. I was able to generate a transcript in French, which goggle translated into English.
Cyrano wrote: 24 Jul 2023 14:52 Thankfully there are some serious objective analysts and commentators outside the French MSM.

Our ambassador & MEA in France would do well to engage more with messieurs like Joël Ruet, Alain Juillet and Claude Medori, while also debunking the Jaffrelot types.
Unfortunately, this suggestion cannot solve **the** problem. Jaffrelot is only a single cog, but WRT India is an extremely important one.

As a quick example, a Harvard-based Prof has written a book (recommended by Oprah!!) that the Hindu caste system was the reason for enslaving and oppressing blacks in the US (source: Rajiv Malhotra of the Infinity Foundation)!!! That the Europeans figured out how to oppress only after they went to India. Jaffrelot is part of this thinking.

A LOT to unpack.



Ajantha Subramanian is Professor of Anthropology and South Asian Studies at Harvard University. Her research interests include political economy, political ecology, colonialism and postcoloniality, space, citizenship, South Asia, and the South Asian diaspora. Her first book Shorelines: Space and Rights in South India (Stanford University Press, 2009), chronicles the struggles for resource rights by Catholic fishers on India’s southwestern coast, with a focus on how they have used spatial imaginaries and practices to constitute themselves as political subjects. Her second book, The Caste of Merit: Engineering Education in India (Harvard University Press, 2019), tracks the relationship between meritocracy and democracy in India on order to understand the production of merit as a form of caste property and its implications for democratic transformation.
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Re: India-France news

Post by Cyrano »

NRao ji,
One cant wish away an established narrative machine just by targeting one Jaffrelot, despicable as he is. Another will take his place. We need to stop complaining too much and "deal" with this shit concretely, because India's rise will only attract more and more of it. "We" means Govt, Indian people, Indian institutions, donors, businesses, and diaspora like you and me.

Decolonisation is not a one day or a one year process. I will take a generation of multi pronged efforts, and the most important them is spreading our own indic values, philosophy and povs because it hasn't been done for a long long time. The world needs such dharmic colonisation to replace the current marxist dominated frameworks or predatory colonialist (ie capitalist) frameworks.
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Re: India-France news

Post by NRao »

Cyrano ji,

We are back to square one. Recall, this sub-thread started with my post that the Indian Amby was not doing what he was sent out to do - ""deal" with this shit concretely" - although I was more diplomatic.

There is good news. First SuSwamy at a gathering, some 4 weeks ago, at Rajiv Malhotra's place in Princeton, announced that more than 100 active/retired Harvard faculty members are gathering to dismantle wokeism (YT vid via Infinity Foundation)(very impressive list of people attended from across US/Canada/India). And, we now have Vivek Ramaswamy the CEO of anti-woke Inc!!! In one vid Vivek addressed "castism" and proposed a way to tackle it without being woke.
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Re: India-France news

Post by NRao »

chetak wrote: 24 Jul 2023 22:37 Ajantha Subramanian is Professor of Anthropology and South Asian Studies at Harvard University. Her research interests include political economy, political ecology, colonialism and postcoloniality, space, citizenship, South Asia, and the South Asian diaspora. Her first book Shorelines: Space and Rights in South India (Stanford University Press, 2009), chronicles the struggles for resource rights by Catholic fishers on India’s southwestern coast, with a focus on how they have used spatial imaginaries and practices to constitute themselves as political subjects. Her second book, The Caste of Merit: Engineering Education in India (Harvard University Press, 2019), tracks the relationship between meritocracy and democracy in India on order to understand the production of merit as a form of caste property and its implications for democratic transformation.
Correction for the record.

Book: Caste: The Origins of Our Discontents

More info: 2018 :: Indians have imported casteism to the US & a black journalist writes on the need to ban it

_______________________________________________

Here to let folks in France (or thereabouts) know that Infinity Foundation is looking for ground resources to help build a tree of anti-Indians in France specifically and their branches in India (or anywhere else).
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Re: India-France news

Post by sanjaykumar »

Indians do not need to explicate dharma. They need to get rich.

Money talks bull$hit walks.
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Re: India-France news

Post by Haresh »

In France, Support For Mass Immigration Has Plummeted

https://www.jihadwatch.org/2023/07/in-f ... -plummeted
drnayar
BRFite
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Joined: 29 Jan 2023 18:38

Re: India-France news

Post by drnayar »

https://twitter.com/ricwe123/status/1686019939226750976

France has the fourth largest gold reserves, 2.436 tons
without a single gold mine in France.
Mali, which was occupied by France, does not have any gold reserves in its banks,although it has 860 gold mines and produces 50 tons per year.

How did France get all that gold?
Lisa
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Joined: 04 May 2008 11:25

Re: India-France news

Post by Lisa »

https://www.aljazeera.com/opinions/2022 ... blame-game

"France is indeed using the CFA Franc – a currency guaranteed by France and pegged to the Euro – to exert influence over its former colonies in Africa. It guarantees the value of the CFA franc, but in return requires the countries that use it to keep 50 percent of their foreign exchange reserves with the French treasury. This practically removes all monetary sovereignty from these countries, and provides a legal cover for neo-colonial plunder."

also

https://www.trtworld.com/opinion/cfa-fr ... h-12781184

"But the worst was yet ahead. In 1994, Paris unilaterally decided to review the French Franc to CFA Franc parity. A nightmare for all Africans who saw their presidents and heads of central banks sign the Dakar declaration and agree to Paris's unilateral decision to devalue the CFA Franc to 50 percent of its value at 1 French Franc now equalling 0.01 CFA Francs. The consequences were devastating for the region. Hundreds of millions of households saw their purchasing power collapse with the explosion of costs to import and skyrocketing prices."
sanjaykumar
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Joined: 16 Oct 2005 05:51

Re: India-France news

Post by sanjaykumar »

As Chirac said, Africa’s problems are civilsational.

Only he didn’t specify whose civilisation.
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