TAC Financial (France) has done extensive analysis of trade and investment issues in emerging markets for private sector clients and for the European Commission. TAC has a unique capacity to integrate macroeconomic analysis and the analysis of Foreign Direct Investment with sector specific analysis of trade and investment issues. TAC's expertise is enhanced by its large network of contacts with specialized consultants able to provide specific industry / technical expertise if needed for such trade and investment research. TAC has undertaken regional integration studies in ASEAN, has analysed the economic partnership between the EU and South Africa, has undertaken for DG Relex a review of EU economic relations with South-East Asia, and has analysed the implications of economic developments in China for the EU.