Mauritius vital to India’s business agenda with Africa: Indian External Affairs Minister
Sushma Swaraj highlighted that Mauritius is a vital platform in India’s business agenda with Africa due to its advantageous membership of regional arrangements such as Southern African Development Community (SADC) and Common Market for Eastern and Southern Africa (COMESA). (Image: Facebook)
India’s Minister of External Affairs, Sushma Swaraj, expressed her pride on behalf of her country at emerging as the largest trading partner of Mauritius, further to the comprehensive set of bilateral agreements entered into by the two countries.
Held at the Hennessy Park Hotel on November 3, 2014, the business meeting was organised by the Board of Investment, the Mauritius Chamber of Commerce and Industry, and other important agencies of trade, investment and business in Mauritius.
Mauritius acts as a gateway for India to the Indian Ocean region and Africa and co-operation and partnership with Africa is an integral component of India’s foreign policy and remains a priority of the Government of India, according to Minister Sushma Swaraj.
She added that India has embarked on a broad-based and vibrant policy of economic interaction with the African continent.
Consequently, Mauritius is a vital platform in India’s business agenda with Africa due to its advantageous membership of regional arrangements such as Southern African Development Community (SADC) and Common Market for Eastern and Southern Africa (COMESA).
Mauritius has been supporting India in its capacity building programmes, including its flagship Indian Technical and Economic Cooperation programme.
The building of iconic structures and institutions in Mauritius has been the result of bilateral co-operation between India and Mauritius in the economic sphere.
The Indian Minister reassured that the new government of India will continue to support Mauritius as a partner of choice.
Minister Swaraj went on to state that she is impressed by the island’s achievements, its continued commitment to democratic ideals and social harmony, its tenacity in the face of a difficult international economic climate, and its commitment to the social contract that ensures welfare and security to the less fortunate in society.
She reiterated India’s support to the island, highlighting that Mauritius has received investments from several active Indian private sector companies in sectors such as health, hospitality, pharmaceuticals, education, financial services, Information Technology (IT) and Business Process Outsourcing (BPO).
Minister Sushma Swaraj made an appeal to local entrepreneurs to consider India as a choice for their business activities, further to investments coming from Mauritius to India in areas such as textile, logistics and banking, and resulting in thriving businesses.
As India is committed to improve business environment and to provide speedy decision making, she recommended to Mauritian companies that they seize the new opportunities unfolding in India, create a niche for themselves, and become partners in India’s growth story.
Minister Swaraj ended on the note that the two countries must actively pursue greater economic and commercial depth in their partnership.