Madagascar out of the AGOA

THe threat is genuine for some 50,000 tax free corporations’ jobs in Madagascar. Some of them are actually specialized in textile exports toward the United States of America, in the setting of the African Growth Opportunity Act.
The decision has hit like a thunderstrike, although the american ambassador in Madagascar, Niels Marquardt, had been warning, since the beginning of December, that sanctions would reward the national unity government’s failure to emerge up to December 15th. THe american Congress voted against the present authorities few days earlier. Now President Obama rendered the decision.
Madagascar’s suspension from the AGOA rewards the deliberately blocked consensus between the crisis’ political actors. The United States of America had been condemning Madagascar’s imposed situation since the putsch’s very first days.
Since the few latest years, the AGOA has been granting the Great Isle an easier access to the US market. The minimum one year long suspension of the agreement for Madagascar is a threat that has come true for the tax free corporations and their workers making a living out of it