Albanese and Macron meet again in Bali

Australia's relationship with France appears to be on the mend as leaders of both nations discuss working together on defence, security, climate change and culture.

Prime Minister Anthony Albanese met French President Emmanuel Macron on the sidelines of the G20 summit in Bali on Wednesday.

It was the second time Mr Albanese had met with his French counterpart since Labor was elected in May.

The Franco-Australian relationship was damaged last year following a decision by the previous coalition government to dump a French submarine contract in favour of acquiring others under a partnership with the UK and US.

France temporarily recalled its ambassador from Canberra and Mr Macron told Australian reporters former prime minister Scott Morrison had lied to him.

But it was all smiles as Mr Albanese and Mr Macron met in Bali for a bilateral meeting on the last day of the G20.

Arriving five minutes late, Mr Macron immediately apologised for making Mr Albanese wait.

Mr Albanese said he looked forward to welcoming Mr Macron to Australia and returning the same hospitality he had been shown while in Paris in July.

The pair spoke about the Australia and France road map established earlier this year to increase cooperation on defence, climate change and culture.

Mr Albanese said France was an Indo-Pacific power with interests in the region.

The prime minister's approach to diplomatic relations with China, following a landmark meeting with President Xi Jinping on Tuesday, was endorsed by Mr Macron.

"I completely agree with you on the strategic approach to the Indo-Pacific strategy," Mr Macron said.