France and Qatar have sealed a strategic partnership under which Qatar has agreed to channel 1$10.85 billion into start-ups and investment funds in France between 2024 and 2030, the French presidency said in a statement.

Both sides sealed the agreement as Qatar's Emir Sheikh Tamim bin Hamad Al Thani started his two-day visit in France, the first state visit since his accession to the throne in 2013.

How will the Qatari investment benefit Europe's second-biggest economy? And what does this strategic partnership mean for the future of their bilateral relations?

Cedomir Nestorovic, Professor of Geopolitics, ESSEC Business School, Asia-Pacific weighs in.