2 December 2013 6:48 AM, PST | ScreenDaily | See recent ScreenDaily news »

Screen Film Summit: International panel talks China opportunities, but warns about tough Us market.

A UK-China co-production treaty is edging closer to reality, a British Film Institute executive told the Screen Film Summit today.

BFI Chief Executive Amanda Nevill is currently visiting China with the Prime Minister’s delegation.

BFI Head of International Isabel Davis [pictured] said this morning of that trip: “A cultural agreement has been signed, with intention to sign a co-production agreement. We’re extremely close in all honesty….It’s good news for British film that it’s being taken so seriously. I’m confident we’ll get there quite soon on having a treaty.” [Dcms later confirmed that Secretary of State for Culture, Media and Sport Maria Miller and Chinese Minister for Culture Cai Wu signed a cultural agreement in Beijing that starts a five-year programme of cultural exchanges.]

A co-production treaty would be important because it would let British co-productions qualify for revenue-sharing releases in China outside of the usual quotas. “A co-production treaty opens up that opportunity to give UK co-produced films a much larger opportunity in the marketplace,” Davis said.

She »

- wendy.mitchell@screendaily.com (Wendy Mitchell)

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