ASIA IS ON THE RISE

Times change. Europeans are no longer the only business partners in Madagascar. Midi talks of, ?China is on the rise among Madagascar?s service providers. Asian nations are supplanting those of Europe as global diversification becomes a reality.? The author continues, ?Following a poor start at the beginning of the year, international business seem to have found the right rhythm.. In February 2006 alone, 2643 requests for import clearance were made to SGS for a FOB value 244 billion Ariary or 96 million euros. While France still heads first place as a service and business activity partner, we must pay attention to the rise of the Asian market, especially that of China.?.