I. Coast leader urges French firms to invest, news, StarAfrica.com

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Ouattara was on his first state visit to France since French troops helped oust his predecessor (© AFP)


Office: PARIS
27/01/2012 15:14 GMT

I. Coast leader urges French firms to invest

Ivory Coast President Alassane Ouattara on Friday urged French companies to resume investing in the...


Ivory Coast President Alassane Ouattara on Friday urged French companies to resume investing in the west African country less than a year after his predecessor was ousted in a bloody conflict.

"Without security, without stability, without peace, growth cannot be strong and enduring. I can tell you that peace has returned to Ivory Coast," Ouattara told a gathering of French business chiefs.

"I ask you to associate yourselves with the Ivorian rebirth and to resume your investments, and I urge you... to accelerate your return to Ivory Coast," he said, speaking on the last day of a three-day visit.

Ouattara was on his first state visit to France since French troops helped oust his predecessor, Laurent Gbagbo, last year.

He held hour-long talks with President Nicolas Sarkozy on Thursday and the two signed a joint security agreement that will see French forces in the country assist in local security training.

Outside the oil sector, France is Ivory Coast's largest trading partner. The cocoa-rich country is the biggest economy in mainly French-speaking west Africa.

French companies employ about 40,000 people in Ivory Coast, contribute 30 percent of its gross domestic product and provide 50 percent of its tax revenues.

France was a key ally of Ouattara after Gbagbo refused to stand down despite having lost a November 2010 presidential election. Around 3,000 people died in the ensuing violence.

A push to Ivory Coast's main city Abidjan by pro-Ouattara forces backed by French and UN forces eventually toppled Gbagbo, who was taken prisoner and now faces war crimes charges at the International Criminal Court in The Hague.


© 2012 AFP
 

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