Mauritius have signed a Free Trade Agreement the first such agreement India has
entered into with an African country.
Comprehensive Economic Cooperation and Partnership Agreement(CECPA) was signed
at the conclusion of the two day visit of External Affairs Minister S Jaishankar
to the Indian Ocean Island Nation.
Trade agreement gives access to Mauritius
the Indian market of over a billion people
agreement will provide preferential access to Mauritius for the bulk of trade
and also for many "aspirational items" in future in the Indian market
of over a billion people, Mr Jaishankar said.
include frozen fish, speciality sugar, biscuits, fresh fruits, juices, mineral
water, soaps, bags, medical and surgical equipment, and apparel. Mauritius will
get preferential access for the export of 40,000 tonnes of sugar into India at
an early time frame.
there will also be access for the export of 7.5 million pieces of apparel from
the Indian Ocean island. As regards trade in services, India has offered 95
sub-sectors from 11 broad services sectors and this contributes 76 per cent of
GDP of the island country.
External affairs minister said CECPA will surely boost the dynamism of the
services sector in Mauritius.
could facilitate Indian investment in the services sector in Mauritius
CECPA could also facilitate Indian investment in the services sector in
Mauritius, especially in the ICT sector as Indian companies could benefit by
leveraging the bilingual prowess of Mauritius for investments in Francophone
Africa," Jaishankar said.
delivered 100,000 doses of Made in India COVID-19 vaccines today. It had
supplied 100,000 doses earlier.
the media with the Prime Minister of Mauritius, said India is privileged to
have entered the Comprehensive Economic Cooperation and Partnership Agreement
(CECPA) with Mauritius.
Agreement is India's first-such Agreement with an African country as noted by
the Prime Minister. It will provide a timely boost for the revival of our
post-COVID economies and also enable Indian investors to use Mauritius as a
launch-pad for business expansion into continental Africa helping the prospect
of Mauritius emerging as a 'hub of Africa'," he said.
According to another agreement, India to
give Dornier aircraft and Advanced Light Helicopter 'Dhruv' on lease to
Mauritius inked another agreement according which India will provide a Dornier
aircraft and Advanced Light Helicopter 'Dhruv' on lease to Mauritius on a
gratis basis for two years. An agreement for a special US$ 100 million Defence
Line of Credit has was also signed.