ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Devotion to Free Market

 are blessed with rich mineral deposits and other materials, (Recently Sudan has announced the discovery of potentially large deposits of oil.) Some of these countries have been following investment policies which cater to French business and government interests- The seventh Franco-African summit was an exercise in further concretising Franco-African tics. Since most of the countries are going through economic crisis the conference had to give priority to the economic problems. For example, the recent student troubles in Mali, Senegal and Zaire have fully exposed the fragile foundations of their economies. The Nice summit discussed economic problems such as inflation, oil crisis, fluctuations in the prices of the primary commodities, sources of new energy, the state of the perpetual North- Smith dialogue and balance of payments problems.

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