CECPA fosters trade ties between India and Mauritius

New Delhi, Sept 14: The Comprehensive Economic Cooperation and Partnership Agreement ( CECPA ) offers new opportunities for trade, investments, and services activities between Mauritius and India and can accelerate our economic growth, said Mauritius Prime Minister Pravind Kumar Jugnauth on Tuesday (Sept 13).

 

 

 

 

"The CECPA will act as a support to Mauritius in the wake of ongoing global challenges, Jugnauth said, adding that, "India has been a partner and a friend like no other to Mauritius." as he launched the CECPA forum in Pointe aux Piments. During the event being held to commemorate the 75th anniversary of the establishment of diplomatic relations between India and Mauritius, PM Jugnauth expressed gratitude to the Government of India and Prime Minister Narendra Modi for his unwavering commitment to making the trade pact CECPA a reality, which he emphasized is the first Agreement that India has signed with an African country.

 

 

"The CECPA forms part of a broader strategy between the Governments to broaden our economic horizons and plays an integral part in facilitating cross-border trade and investment," he stated. Speaking of the event, he said that the initiative aims at elevating the economic and cultural ties between Mauritius and India as well as celebrating the diplomatic relationships between the two countries. This event, he said, "further highlights our long-lasting friendship and the deep-rooted ties shared by our people."

 

 

 

 

 

Jugnauth further highlighting the technical, financial, and diplomatic support that India has provided to Mauritius, said that the successful completion of recent projects namely the Metro Express, the New Supreme Court, and the New ENT hospital was possible due to the support India has provided. He said, "Government is investing massively in the upgrading of infrastructure to make sure businesses operate in the best environment as well as pave the way to a sustainable, intensive, and modern economy."

 

While underlining EDB's key role in charting the future that we want, PM Jugnauth urged all businesses to fully avail of its expertise. He appreciated the friendship and mutual respect between Mauritius and India and reiterated that together both countries can build a prosperous future.