"Of course the door is always open as long as the negotiations on Brexit have not finished," Macron said in a press conference.
But he also stressed that he respected the sovereign decision of the British people to leave the EU in their referendum a year ago, adding that the start of talks was an important milestone.
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Macron's comments echoed others by German Finance Minister Wolfgang Schaeuble.
"If they wanted to change their decision, of course, they would find open doors, but I think it's not very likely," Schaeuble told Bloomberg Television.
May repeated her plans to stick to her timetable of starting discussions next week despite ongoing negotiations to form a government.
She was also asked if the loss of her parliamentary majority in a bungled snap election last week would alter her decision to withdraw Britain from the EU single market and customs union, a so-called "hard Brexit".
"I think there's a unity of purpose among people in the UK. It's a unity of purpose having voted to leave the EU that their government gets on with that and makes a success of it," she said.
May said the process would lead to "an arrangement for Brexit which will be the interests of the United Kingdom and the remaining 27 members of the EU."
After the talks, May and Macron also announced a joint action plan to tackle online extremism which aims to increase the pressure on internet giants and social media companies to tackle terror propaganda and hate speech.
It includes exploring the creation of new laws that would impose penalties on internet companies if they failed to act.
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