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AfricaMoney | August 20, 2017

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UK opens Trade & Investment Department in Mauritius to enhance trade links

UK opens Trade & Investment Department in Mauritius to enhance trade links

The newly opened trade and investment office is expected to ensure that British businesses share skills and build capacity so that more local jobs are created in the island economy. (Image: Gov.uk)

The United Kingdom has opened its Trade and Investment Department office in Mauritius last week, with a view to enhancing trade links with the island economy.

In Mauritius, the United Kingdom Trade and Investment (UKTI) office, which opened on January 27, 2015, will be operating within the British High Commission. Its activities will focus around identifying opportunities for British companies to invest in Mauritius and also advising local companies on potential investment avenues in the UK.

“The opening of UKTI in Mauritius is designed to increase bilateral trade and ensure that Mauritius gains from high quality British services and goods, partnering with the right British businesses that can help Mauritius take the next steps to a high income country,” said the British High Commissioner, Jonathan Drew.

He added that they want to ensure that British businesses also share skills and build capacity so that more local jobs are created here.

“I also hope that Mauritian companies, who already invest in countries around the world, look at the great opportunities for investment in the UK. The UK has one of the fastest growing Organization for Economic Cooperation and Development (OECD) economies in the world and many of those who have invested in the UK have seen excellent returns, which are of much lower risk than investments in numerous other countries,” Jonathan Drew said.

“I have no doubt that UKTI’s presence will benefit both the UK’s and the Mauritian economy,” he concluded.

UKTI helps UK companies succeed globally and assists overseas companies to bring investment to the UK.

The UKTI is at the heart of the Government’s effort to achieve sustainable economic growth as it encourages high-quality foreign direct investment in the UK and advises British companies wishing to invest in countries around the world.

Finally, the UKTI also works closely with the Foreign and Commonwealth Office (FCO) to deliver the UK’s trade and commercial objectives.

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