Invest News DetailAA - Turkey and France established the Paris Bosphorus Institute on Tuesday. Founder members promoted the "Institut du Bosphore" in a press conference held at the French capital of Paris on Tuesday. The institute has been established to create an independent and objective think-tank platform. "Our principal aim is to ensure better understanding between the two nations," AXA group's director general Henri de Castries said. The institute will become active with a conference to be held in Istanbul on October 22-23. Prominent Turkish and French politicians, businessmen, economists and opinion leaders will get together in a "science council" formed within the body of the institute.