"France should be a facilitator in the mediation" led by Kuwait, Le Drian told reporters following talks with his Qatari counterpart Sheikh Mohammed bin Abdulrahman Al-Thani.
Le Drian arrived in Qatar for a Gulf tour aimed at helping defuse the crisis pitting Qatar against Saudi Arabia, the United Arab Emirates (UAE), Bahrain and Egypt.
"France is very concerned by the sudden deterioration in relations between Qatar and many of its neighbours," he said.
"France is talking to all these countries to help in the search for a solution," he said, calling for "dialogue and calm" between the Arab states concerned.
Riyadh and its allies imposed sanctions on Doha on June 5, including closing its only land border, denying Qatar access to their airspace and ordering their citizens back from the emirate.
They accuse Doha of supporting terrorism and being too close to their arch-rival Iran.