During the 2026 Cannes Film Festival, the French CNC and the National Film Centre of Latvia signed a bilateral agreement for cinematographic co-productions, signed by CNC Director Gaëtan Bruel and his Latvian counterpart Dita Rietuma. The treaty establishes a framework that allows each co-producer a contribution of between 20% and 80% of the production budget, with exceptions of up to 10%, which is more flexible than the revised European convention. The timing coincides with the global success of the animated film Flow, which became the most internationally successful French co-production of 2025 as a Franco-Latvian-Belgian co-production. The agreement is valid for an indefinite period.

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