Nicolas Sarkozy, the president of France, was in Abu Dhabi to sign ground-breaking agreements with the UAE on culture, diplomacy and security. But commercial ties also were on the agenda. Travelling with Mr Sarkozy, along with a number of French corporate representatives, was Christine Lagarde, the minister of economy, industry and employment. Wayne Arnold, The National’s senior economics correspondent, caught up with Mrs Lagarde over coffee during the Louvre Museum’s ribbon-cutting yesterday at the Emirates Palace Hotel. Here are some highlights:
Q: We’ve seen several big investments by the UAE’s sovereign wealth funds in the UK and Germany, but not in France. Do you hope to change that with this visit?
A: There is a co-operation agreement that will be signed today [Tuesday] between the FSI, the strategic investment fund of France, and Mubadala … a co-operation agreement to partner in relation to investments in France.
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