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My Profile Top News Reuters top ten news stories delivered to your inbox each day. Subscribe You are here: Home > News > International > Article Home Business & Finance News U.S. Politics International Technology Entertainment Sports Lifestyle Oddly Enough Health Science Special Coverage Video Pictures Your View The Great Debate Blogs Weather Reader Feedback Do More With Reuters RSS Widgets Mobile Podcasts Newsletters Your View Make Reuters My Homepage Partner Services CareerBuilder Affiliate Network Professional Products Support (Customer Zone) Reuters Media Financial Products About Thomson Reuters Madagascar rivals agree power-sharing deal Sun Aug 9, 2009 9:19am EDT Email | Print | Share | Reprints | Single Page [-] Text [+] By Alain Iloniaina MAPUTO (Reuters) - Madagascar's feuding leaders said on Sunday they had agreed a power-sharing deal and would hold elections on the Indian Ocean island within 15 months. A communique issued after talks in Mozambique's capital said a national unity government would be set up and comprise a prime minister, three deputy prime ministers and 28 ministers. "They agreed the transition period will not exceed 15 months ... and will end with elections under international supervision that will lead to the restoration of democratic institutions and stability in Madagascar," the statement said. Former President Marc Ravalomanana, who was toppled in March by his army-backed rival Andry Rajoelina, said he would return to Madagascar but not personally take part in the process. The deal was struck late on Saturday. Talks continued on Sunday as the leaders and their aides discussed the composition of the power-sharing administration. The agreement included a section cancelling charges of abuse of office leveled against Ravalomanana after his departure and related to the purchase of a presidential jet. "I solemnly declare my total availability to help resolve this crisis," the ousted leader told reporters after days of talks in Maputo. "The Ravalomanana movement will be an integral part of the transition bodies." The talks, which began on Wednesday and also included former presidents Didier Ratsiraka and Albert Zafy, were the first time he and Rajoelina had met face to face since the coup. GOOD NEWS FOR DONORS The political crisis has alarmed foreign investors, scared away tourists and cut economic growth. Rajoelina has been shunned by many nations and Ravalomanana, living in exile in South Africa, had insisted he remained the legitimate leader. Lydie Boka, Madagascar expert at the risk consultancy StrategieCo, said the power-sharing deal appeared to be a major breakthrough in restoring ties with the international community. "It will allow donors who wish to help Madagascar to safely resume their assistance without being accused of supporting an illegal government," she told Reuters. "There are several risks, however, in that the new government, which will attempt to assemble four different 'sensibilities', may lead to a paralysis of the country." Ratsiraka and Zafy, the former presidents, are still seen as influential power brokers and analysts say they would need to be part of any lasting solution. Before the Maputo talks, Rajoelina had said a presidential election would be held by the end of 2010, but could take place earlier under the right conditions. The timing of elections and who will be able to contest them have been big sticking points. Continued... View article on single page Share: Del.icio.us Digg Mixx Yahoo! 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