Madagascar Turns to UAE for Economic Aid Amid US Tariff Concerns
Madagascar stands at a crucial crossroads as it seeks to deepen its economic ties with the United Arab Emirates (UAE). The island nation is working diligently to attract investments that aim to invigorate its tourism and energy sectors. Such a partnership has become increasingly important in light of recent trade challenges with the United States, particularly steep tariffs that threaten its economic stability.
As of 2024, the United States ranks as Madagascar's third-largest trading partner, trailing only…