The U.S. and France established diplomatic relations in 1778 following the U.S.' declaration of independence from Great Britain, and France provided key assistance to the U.S. as an ally during its war of independence. The Vichy Government of France severed diplomatic relations with the U.S. in 1942 during World War II; relations were normalized in 1944. The U.S. and France are among the five permanent members of the UN Security Council.
Bilateral Economic Relations
France is a member of the European Union and is the U.S.’ third-largest trading partner in Europe (after Germany and the U.K.). Trade and investment between the U.S. and France are strong. On average, over $1 billion in commercial transactions, including sales of U.S. and French foreign affiliates, take place every day. U.S. exports to France include industrial chemicals, aircraft and engines, electronic components, telecommunications, computer software, computers and peripherals, analytical and scientific instrumentation, medical instruments and supplies, and broadcasting equipment. The U.S. is the top destination for French investment and the U.S. is the largest foreign investor in France. The U.S. and France have a bilateral convention on investment and a bilateral tax treaty addressing, among other things, double taxation and tax evasion.