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International Business Times
International Business Times
Business

French President Announces Economic Deals With Madagascar

Madagascar President Andry Rajoelina (R) welcomed French President Emmanuel Macron for a two-day visit (Credit: AFP)

France and Madagascar announced Wednesday they would strengthen economic cooperation through several ambitious projects, including a major hydroelectric dam, as President Emmanuel Macron kicked off a two-day state visit to the Indian Ocean island.

The visit, the first official trip by a French president in 20 years, is intended to strengthen bilateral ties and consolidate France's presence in the Indian Ocean despite ongoing colonial-era disputes.

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