Page 21 - Issue 26

Vol.1 Issue 26, December 2020 ELITE

The boycott campaign has focused mainly on daily
consumption products, especially food, which makes us ask
a question about the feasibility of that boycott, a nd is it
really affecting the French economy? Especially sin ce there
are many French companies operating in Islamic Arab
countries, and many consumers of the products and s ervices
of these companies have decided to boycott them
completely, which causes tremendous damage to the F rench
private sector, and consequently to the decrease in the
French exports to Arab countries, as we mentioned
revenues collected by the French Treasury from taxe s
earlier, do not represent a very large percentage o f the
imposed on these companies. The greatest damage wil l be
total French exports. However, there is a potential
caused to foodstuffs, which are highly profitable d ue to
danger to the French economy, especially since we a re in
their being daily or monthly consumption products, unlike
a very competitive market, and there are actually l ocal or
other industries that can be postponed. But so far, these
foreign alternatives to France's goods that have be en
effects have not been clearly visible, as in the en ergy sector,
boycotted, and thus it is possible to dispense with its
the French company Total is still operating in many Islamic
goods and turn to other alternatives. France's regi onal
countries, whose main activity is the sale of its
reputation in the Middle East will also be negative ly
petrochemical and petroleum products, in addition t o the
affected by the boycott of French products by some Arab
investments that the French company Total has in
countries, but also, with a decrease in the revenue s that
exploration and production. Likewise, the defense s ector,
the French government earns through imposing taxes on
France is still selling weapons, aviation technolog y, and
its active companies in the Middle East, as well as
public transport systems to a number of Islamic cou ntries.
affecting the accounts. The geopolitics of Paris. W e find
No official statement has been issued by these coun tries to
that all the results so far are not huge on the Fre nch
stop the purchase of the French company. In the tou rism
economy, and the reason for this lies in the fact t hat the
sector, we cannot clearly identify the damages, esp ecially
campaign came in an individual form, and that the
with the spread of the Corona pandemic, whose
campaign was not supported by religious institution s or
repercussions imposed a decline in the tourism sect or in
political parties in the Arab countries, so boycott is
various countries of the world, and in general the tourism
completely popular. Arab Islamic any official boyco tts.
season in times of winter and autumn is witnessing a
In the end, the Islamic nation believes that the st atus of
significant decline. Although the boycott campaign of
the Messenger over him, may the prayers and peace b e
French products will have an impact on the economie s of
upon him, is higher, higher and higher than that of being
the countries that receive these French investments , French
touched by a human being, and it did not harm him i n his
companies will also suffer some damage, as they wil l lose
life and will not harm him in his death as well, bu t this
those countries that deal with them in the first pl ace due to
does not preclude the necessity of respecting all t he
the cheap labor that they did not find in France. I n general,
heavenly religions, especially since the Messenger has a
estimating the actual size of the French economic l osses in
special religious status with more than a billion A nd half
view of the people of Arab countries boycotting som e
a billion Muslims on the face of the globe. And wha t is
French products will be difficult, as the campaign has not
happening now would perpetuate hatred and develop
passed for a long time, and therefore it is not pos sible to
aggression. Freedom of expression is not a justific ation
accurately judge the percentage of losses in the Fr ench
for violence, stirring up feelings, and creating en mity
economy. However, in recent times, witnesses of som e of
and conflict. The offense of religious beliefs may
the major French companies' shares have witnessed a sharp
provoke wars. Freedom of opinion stops at extremism ,
decline. This coincided with the boycott campaign c arried
extremism that leads to violence, discord and terro rism.
out by the people of some Arab countries due to the French
Therefore, all thinkers and political leaders shoul d think
offense to the Messenger, and one of the most promi nent
well, and adhere to objective caution in using the
companies that suffered a decline in its shares are Total,
terminology, in order to prevent any offense to the
BNB, Renault And Carrefour, according to Investoped ia.
beliefs and feelings of individuals, and to provoke any
But the inevitable matter is that if the boycott o f French
strong reactions that often fall prey to the exploi tation
products continues, its effects will clearly appear on
operations of corrupt regimes and militant movement s,
multiple economic sectors in France and then affect the
which benefit among them are also the media machine s.
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French economy as a whole, despite the fact that th e total