Pitt chose William Eden for his work on the board of Trade and Plantations and because Eden had extensive experience in managing economic problems in Ireland and America, which Pitt believed was giving Eden extraordinary insight into the Anglo-Franco consultations. Eden immediately set to work and reached an agreement with Gérard de Rayneval, his French counterpart, in April 1786. But despite Eden`s optimism, the British, and especially Pitt, were not in favor of the initial Eden and Rayneval agreement because of its indeterminacy. Pitt has attempted to impose higher tariffs on the most important products entering the Anglo-Franco market. As a result of these efforts, the 10 a regulation on the screening of foreign direct investment entered into force on 24 April 2019, aimed at increasing European participation in acquisition strategies in the approaches of public actors. . for liberal ideas was the Franco-English trade agreement of 1860, which provided that French customs duties were to be reduced to a maximum of 25% in five years, all French products, with the exception of wines, being free to Great Britain. This agreement was followed by other European trade pacts. The policy of mercantilism in Europe was slightly relaxed by a series of agreements between several nations that culminated in the Treaty of Eden of 1786.
In addition to the renewal of the family pact by the Bourbon House in 1761, the French also opened some colonial ports to foreign trade in the same year. Twelve years later, the French government negotiated the Franco-Portuguese Agreement of 1773. In 1778, France signed the Treaty of Friendship and Commerce with the young United States on a mutual trade basis, which violated British trade law; They also signed the Franco-American Alliance for Mutual Defense, in order to protect them, in case, as a result, a war broke out, which it did. In his speech at the Sorbonne University on September 26, 2017, French President Emmanuel Macron spoke in favor of an open Europe that protects and promotes the economic interests of businesses and guarantees respect for our interests and respect for international trade rules. . . .