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* Hollande has cool relationship with Putin

* Russian investment in France dwarfed by French FDI in

Russia

* Russia’s rights record dogs ties with West

By Julien Ponthus

PARIS, Feb 27 (Reuters) – President Francois Hollande will

aim to balance French concerns over Russia’s human rights record

with a push to boost trade ties during a debut Moscow visit on

Thursday that could prove a diplomatic obstacle course.

An encounter in Paris last June between the newly-elected

Socialist Hollande and Russia’s Vladimir Putin bristled with

tension, unlike the cosy meetings between Putin and Hollande’s

conservative predecessors Nicolas Sarkozy and Jacques Chirac.

Aides on both sides want to avoid the full-frontal clash on

rights that marked German Chancellor Angela Merkel’s trip to

Moscow last year, when she accused Moscow of stifling dissent.

Moreover, with the French economy edging closer to recession

and domestic demand moribund, Hollande needs all the outside

help he can get to kickstart growth, and will be pushing for

Russian business to step up investment in France.

Yet everything from Moscow’s support of Syrian leader Bashar

al-Assad in defiance of the West to Putin’s very public relish

at actor Gerard Depardieu’s decision to take Russian nationality

for tax reasons means the scope for misunderstandings is great.

“You can get on with someone without loving them,” veteran

Russia specialist Helene Carrere d’Encausse said of the strained

pragmatism she saw defining the visit, whose high-point is an

1100 GMT joint news conference with Hollande and Putin on.

Hollande aides insist that, aside from Syria, the positions

of Paris and Moscow converge in several areas – notably on Mali,

where Russia has backed a U.N. resolution which is a key part of

French efforts to extricate its soldiers and put African troops

in the front line against al Qaeda allies.

RIGHTS RECORD

Russia sees Tuesday’s move by major powers to offer Iran

some sanctions relief in return for a halt of some atomic work

as a sign that France and other Western states are moving closer

to its thinking on an issue that has divided the U.N. Security

Council for years.

“In bilateral ties I see no major problems,” said Alexei

Pushkov, head of foreign affairs committee in the Russian

parliament’s lower chamber.

“From my contacts with the French lawmakers I get the

impression they have a calm attitude towards Russia. Of course

there is come criticism, but not to the extent that can be heard

in the U.S. Congress or the German Bundestag,” he added.

French officials insist Putin’s embrace of Depardieu after

his decision to seek exile from French taxes on the rich will

not jar relations – even with the actor’s outing this weekend to

the Chechnya region where rights groups accuse security services

of extrajudicial killings and other abuses.

But Hollande is under pressure at home to raise human rights

concerns including the fate of Putin critics such as Mikhail

Khodorkovsky, 49, once Russia’s richest man and now serving 13

years jail on fraud and tax evasion charges.

“The last year has been the worst for human rights in Russia

in recent memory, and Hollande should not miss this chance to

persuade Putin to turn things around,” said Rachel Denber of New

York-based Human Rights Watch, pointing to new laws which she

said restricted public assembly and Internet content in Russia.

The two leaders may broach delicate energy issues, with the

European Union seeking to wind down its gas reliance on Russia

and Moscow angry over EU efforts to force dominant suppliers

such as Russia’s Gazprom to sell off infrastructure.

But Paris is keener to focus on raising Russian investment

in France, which at around one billion euros only accounts for a

12th of the value of French investment in Russia.

While no major deal is due to be announced, small economic

cooperation pacts, plans to facilitate visas and student

exchanges are likely to be announced.

(Additional reporting by Gabriela Baczynska in Moscow; Writing

by Mark John; Editing by Jon Boyle)