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NEW DELHI: India signed a free commerce and funding settlement with Mauritius on Tuesday, the primary with any nation in Africa. It was additionally the primary time since 2011 that India was signing a free commerce pact with any nation.
Announcing this in Port Louis, international minister S Jaishankar mentioned the Comprehensive Economic Cooperation and Partnership Agreement (CECPA) “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’.” In his first go to there as international minister, Jaishankar additionally handed over one other 1,00,000 doses of Covid vaccines to Mauritius Prime Minister Pravind Jugnauth. India had earlier flown over 1,00,000 doses in January.
For Mauritius, the Indian marketplace for frozen fish, speciality sugar, biscuits, recent fruits, juices, mineral water, soaps, luggage, medical and surgical tools, and attire will open up. “Mauritius will get preferential access for export of 40,000 tonnes of sugar into India at an early time frame. Similarly, there will also be access for the export of 7.5 million pieces of apparel,” Jaishankar mentioned.
In providers, Jaishankar mentioned, India has provided 95 sub-sectors from 11 broad providers sectors. “Services contribute, I believe, 76% of the GDP of Mauritius, and CECPA will surely boost the dynamism of the services sector in Mauritius. The CECPA could also facilitate Indian investment in the services sector in Mauritius.”
Mauritius being a vital safety associate within the Indian Ocean area, India has leased out a Dornier plane and an Advanced Light Helicopter Dhruv “on a gratis basis for 2 years.” Jaishankar described India’s help and presence for Mauritius as “responsive, resolute and reliable.”

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