India Mauritius Trade Relations

This site provides detailed information on India Mauritius trade relations. The site also focuses on the current development of trade relations between India and Mauritius.

The India Mauritius trade relations is a common forum of India and Mauritius Chamber of Commerce and Industry. The Federation of Indian Chambers and Commerce (FICCI) and The
Mauritius Chamber of Commerce and Industry represent the trade and business community of their respective countries. Further, their common goal is to increase ethical business activities between each other.

India Mauritius trade relations is focused on the improvement of trade and business relations along the following lines:

• Trading policies
• Trading procedures
• Trade contracts
• Trade administrative and regulatory procedures
• Trade and investment opportunities
• Business networking

India Mauritius Trade Relations – policy adopted by India

• Removing government controls and creating an atmosphere of trust and transparency to promote industrialization and trades.
• Simplification of commercial and legal procedures and bringing down transaction costs.
• Simplification of levies and duties on inputs used in export products.
• Facilitating technological and infrastructural modification of all the sectors of the Indian economy, especially through imports and thereby increasing value addition and productivity, while attaining global standards of quality.
• Neutralizing inverted duty structures and ensuring that India's domestic sectors are not disadvantaged in the Free Trade Agreements/Regional Trade Agreements/Preferential Trade Agreements that India enters into in order to enhance exports.
• Modernization of infrastructural network, both physical and virtual, related to the entire Foreign Trade chain, to global standards.
• Revitalizing the Board of Trade by redefining its role.
• Involving Indian Embassies as an important member of export strategy and linking all commercial houses at international locations through an electronic platform for real time trade, intelligence, inquiry and information dissemination.

India Mauritius Trade Relations – policy adopted by Mauritius

• Investment guarantees to promote joint ventures
• Identify items of trade and investment
• Boost bilateral trade
• Arrest illegal trade between the two countries

Further, to strengthen and consolidate India Mauritius trade relations and to promote cooperation between the two countries the government of both the countries are working in the lines of:

• Economy
• Commerce
• Formulate a Comprehensive Economic Cooperation and Partnership Agreement
• Investment and economic cooperation
• Indian investments in Mauritius

Mauritius's core competencies like strategic location and trade agreements at multilateral and local levels to serve as a launch pad for Indian investors in Mauritius market and other markets through its various trade agreements. Government of Mauritius and the EXIM Bank of India have identified areas of investment for Indian corporate sectors such as:

• Manufacturing
• Financial services
• SMEs
• Tourism
• Health
• Education and knowledge
• ICT
• Capacity enhancement

The forum of India Mauritius trade relations has suggested future plans to:

• Encourage Indian investments in Mauritius and joint India-Mauritius investments into the region.
• Increase Indian investment and transfer of technology and know-how, which would propel the process of economic development in the region.

Furthermore, tremendous opportunities exists for the cooperation between the two countries in a mutually beneficial manner, facilitated by:

• India Mauritius JBC - A joint business forum which showcases each others commodities to their individual business and trade partners to promote each others business and trade.
• The India Mauritius JBC, uses their individual trade partner's business and trade agreements to facilitate business and trade promotion of each other.