Image Image Image Image Image Image Image Image Image Image Image Image

AfricaMoney | August 24, 2017

Scroll to top

Top

No Comments

Mauritius and Comoros enter agreement to boost economic cooperation

Mauritius and Comoros enter agreement to boost economic cooperation

Tourism, fisheries, poultry and supply of agri products are among the sectors identified in the Comoros islands where self-sufficiency can be attained. (Image: Government Information Services)

Mauritius and Comoros signed an agreement today laying the basis for the development of sectoral cooperation in numerous fields.

The framework agreement on cooperation, signed in Mauritius’ capital, Port Louis, aims to boost economic relations between the two countries.

Mauritius Trade Minister Arvin Boolell signed the agreement on behalf of the host nation while Comoros’ Foreign Relations Minister El-Anrif Saïd Hassane inked the agreement on behalf of the fellow Indian Ocean economy.

In his statement, Boolell observed that Comoros holds a lot of promise in numerous sectors of the economy and the framework agreement lays the foundation for fruitful cooperation between both countries.

According to the minister, what is essential, is to have an ‘early harvest’ by targeting privileged sectors and by organising meetings between businessmen from both countries and to develop a synergy of work and achieve a balance in primary sectors.

‘We have to identify key sectors to create the necessary space and opportunities so that entrepreneurs can take advantage of the facilities that both governments are offering to the business community’ said Boolell.

Tourism, fisheries, poultry and supply of agri products are among the sectors identified in the Comoros islands where self-sufficiency can be attained.

Visiting minister El-Anrif Saïd Hassane said that this agreement represents a deep political reflection and emerges from the friendly relations established between the two countries over several years.

This agreement in fact formalises the relation between both countries and establishes the required regulatory framework to take forward cooperation ties, he noted.

As such the enhancement of cooperation pertains to the economic domain as well as to transport, communication and connectivity fields, he added.

Following the signing of the framework agreement, a technical committee will be set up to oversee the implementation of projects identified and to further enhance cooperation between both countries.

Submit a Comment

Directory powered by Business Directory Plugin