|
Mali is one of the poorest countries in the world with an average per capita annual income of about US$200. The economy is
almost entirely agricultural even though less than 2 per cent of the land is cultivable. Livestock and subsistence crops such
as millet, sorghum, maize and rice are raised for domestic consumption. The main cash crop is cotton, of which Mali is one
of Africa’s largest producers and exporters, along with groundnuts, fruit and vegetables. The Malian cotton industry, upon
which one-third of the population depend for their livelihood, is in serious difficulty because of exceptionally low world
prices, caused in part by subsidies provided to cotton growers in the industrialised world (in 2003, this was the subject
of a major dispute at the World Trade Organisation). Local manufacturing has grown steadily, albeit from a very low level,
and is mostly concerned with the processing of agricultural produce: food, drinks and tobacco are the main products. Construction
materials are also produced locally. There is a small but fast-growing mining sector centred on Mali’s recently discovered
gold deposits. Mali is now the third-largest gold producer in Africa after South Africa and Ghana, and the growth in this
sector largely accounts for the country’s rapid 2002 growth rate of 9 per cent. Marble, salt and phosphates are also being
exploited; there are also known reserves of iron ore and uranium. Much of the economy has been privatised and deregulated
since 1997 under the supervision of the IMF with which Mali presently enjoys good relations. Mali has also been one of the
main beneficiaries of the debt cancellation for the poorest countries, and it continues to rely on foreign aid and remittances
from émigrés. France is Mali’s major trading partner, providing a quarter of imports and taking a similar proportion of exports,
followed by Côte d’Ivoire, Senegal, Germany and Switzerland. Mali is a member of ECOWAS and various other West African multinational
economic organisations.
|
|
The forms of address are those of France, eg Monsieur le Directeur. Lightweight or tropical suit and tie are advised for only
the smartest meetings. Otherwise, a light, open-neck shirt is worn. It is essential to be able to speak French for business
purposes. Office hours: Mon-Thurs 0730-1230 and 1300-1600, Fri 0730-1230 and 1430-1730.
|
Overview 
