Ken Poonoosamy Editorial for budget newsletter 2023/24
2 Juin 2023
To commemorate the 75th Anniversary of the establishment of Diplomatic Relations between the Republic of Mauritius and India, the Ministry of Foreign Affairs, Regional Integration and International Trade, the Ministry of Finance, Economic Planning and Development and the Economic Development Board in collaboration with the High Commission of India will host ‘The Comprehensive Economic Cooperation and Partnership Agreement (CECPA) Forum’ this Tuesday 13th September at Le Meridien, Pointe aux Piments.
The Honourable Pravind Kumar Jugnauth, Prime Minister of the Republic of Mauritius, will officially launch the Forum.
Under the CECPA, Mauritius benefits immensely from privileged market access into India for some 615 tariff lines. Some of the products include frozen fish, specialty sugar, alcoholic drinks, soaps, clothes, medical and surgical equipment, amongst others.
The CECPA further gives both countries access to more than 100 subsectors, including insurance and insurance related services, banking and other financial services, telecommunication, professional services such as accounting, auditing, market research, architectural, engineering, veterinary services, distribution services, tourism and travel related services, translation and interpretation services.
The purpose of this CECPA Forum is not merely to disseminate information about the CECPA, but also to discuss about ways and means on how our operators can expand their businesses and how to increase exports to India.