Pakistan and Mauritius on Friday agreed to operationalise a free trade agreement between the two countries within 18 months to boost South-South trade.
Pakistan and Mauritius have decided to accord each other preferential status effective November 30, 2007, under the bilateral Preferential Trade Agreement.
L’Europe pourrait accorder des quotas régionaux pour l’exportation de sucre. Ce qui placerait le Maurice et d’autres pays d’Afrique, des Caraïbes et du Pacifique en situation de concurrence face aux gros producteurs dont le Cuba et le Brésil.
Mauritius and Pakistan have announced plans to create a free trade zone between the two countries by 2009 and have preferential trade exchanges by 30 November.
In a bid to further deepen their historic relations, India and Mauritius would soon ink a preferential trading agreement (PTA). This would be the first step towards eventually signing a Comprehensive Economic Co-operation and Partnership Agreement covering goods, services and investment on the lines of India-Singapore pact.
"Here is a free trade agreement between rich and poor countries in which the former is trying to impose a reciprocal system of trade on the latter, with major consequences for poor people."
Indian financial services professionals, chartered accountants, capital market experts, merchant bankers, insurance specialists, actuaries and even lawyers, are set to get a warm welcome in Mauritius.
Critics say the agreement is a way for Indian companies to avoid paying capital gains tax in India.
Pakistan and Mauritius on Saturday concluded the discussion on the bilateral Preferential Trade Agreement (PTA) and both sides have agreed to expedite the process for its formal signing.
The Comprehensive Economic Cooperation and Partnership Agreement (CECPA) was yet again the focal point of discussions between Mauritian International Trade Minister Madun Dulloo and his Indian counterpart Kamal Nath last week in Delhi. CECPA, whilst being a powerful bilateral instrument to enhance trade and economic ties between our two countries, is also an inventive collaborative effort which will ultimately make of Mauritius the ideal step-stone on the India to Africa economic route.
A Mauritian political party called Rezistans ek Alternativ (RA) has asked local MLAs to help in stopping the process of Economic Partnership Agreements (EPA) which, according to its members, Mauritius and fourteen other African countries have agreed to negotiate with the European Union, without realising the implication of such an agreement.
The United States and Mauritius signed a trade and investment framework agreement (TIFA) on September 18. It provides a formal mechanism to address bilateral trade issues and help enhance trade and investment relations.
Mauritius expects to sign trade deals with India and Pakistan in October and November, according to minutes of a cabinet meeting seen yesterday.
Pakistan and Mauritius signed the Preferential Trade Agreement (PTA), Rule of Origin and Customs Cooperation agreements during the 5th session of their Joint Working Group on PTA to be held in Islamabad in November this year.
After calling off negotiations on a Free Trade Agreement (FTA) with five Southern African countries last month, the US has indicated its intentions to negotiate new trade arrangements with several African countries including Kenya, Mauritius, Mozambique and Ghana.
Singapore is likely to ask India to re-visit the provisions of the bilateral Double Taxation Avoidance Agreement to bring it on a par with a similar agreement between India and Mauritius.
Mauritius and India are expected to sign a preferential trade agreement (PTA) next week to boost the island’s exports and provide India with the opportunity to tap into African markets.
India and Mauritius are likely to enter into a Preferential Trading Agreement before going for a Comprehensive Economic Cooperation Agreement (CECA).
Botswana Minister of Trade and Industry, Neo Moroka yesterday signed a bilateral investment treaty on promotion and reciprocal protection on investment with Mauritius envoy, Madan Dulloo.
The tax holiday provided under the India-Singapore agreement, which Indian companies may take advantage of, is part of a trend that will make it increasingly difficult to tax capital in almost any country.