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Date: 04.11.2011 print preview

Brief information on Madagascar

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Short-term Cover facilities are available for specific transactions with contract values of up to EUR 500,000.
Under wholeturnover policies cover is limited to EUR 2.5 million.
Medium/long-term Cover facilities are available on a case-by-case basis for smaller transactions with private buyers and public buyers provided that they are established as private sector organizations and operate without recourse to public funds.
In addition, cover is available for project financed and other structured finance deals, where necessary based on countertrade transactions.
Collateral If the foreign buyer’s creditworthiness is inadequate, bank security is required.
For transactions with public buyers a guarantee from the Ministry of Finance must be provided.
Country risk category 7

No responsibility is taken for the correctness of the information provided

More detailed information on the cover policy can be found in all articles of the AGA-Report on Madagascar (German version only) and country information on commercial practices, business climate, market analyses, law, import procedures, customs duties can be found on the website of Germany Trade & Invest (gtai).

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The senior country advisers for Madagascar will be pleased to answer your questions

  • on single transaction cover: Ms Sissi Gerstenkorn, phone: +49 (0) 40 / 88 34 - 95 49
  • on revolving and wholeturnover cover: Mr Holger Ehrich, phone: +49 (0) 40 / 88 34 - 90 26
  • on economic analyses: Mr Martin Schmerbach, phone: +49 (0) 40 / 88 34 - 90 80

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