Madagascar is poised to leap into a new era of agricultural and industrial growth, thanks to China’s latest trade incentives for African nations. At the 2024 Forum on China-Africa Cooperation (FOCAC), President Andry Nirina Rajoelina highlighted how zero-tariff access for 100% of tariff lines and streamlined customs processes could supercharge exports of vanilla, lychees, and other premium crops to China. 🌍✨
From Rice Fields to Economic Fields
During his visit to Hunan Province, Rajoelina toured the Hunan Hybrid Rice Research Center, calling China’s hybrid rice tech a 'game-changer' for Madagascar’s food security. 'We aim to transform agriculture into a pillar of economic development,' he told CMG’s Zou Yun. 🚜💡
Industrial Ambitions
Beyond farming, Rajoelina invited Chinese firms to invest in Madagascar’s industrialization, emphasizing sustainable mining and renewable energy projects. 'Cooperation with China is not just about trade—it’s about building a resilient future,' he added. 📈🔋
