India signs FTA with Mauritius; Offers USD 100 million LoC for Defence Purchase
- The Indian foreign minister S Jaishankar was on official visit to two key Indian Ocean region countries- Maldives and Mauritius– from 20-23 February.
- The External Affairs Minister (EAM) S Jaishankar visited the Island nation Mauritius, on February 22 and 23, 2021, to review comprehensive and important bilateral relationship between the two nations.
- India signed a Free Trade Agreement (FTA) or (Comprehensive Economic Cooperation Partnership Agreement-(CECPA)) with Mauritius. The FTA or CECPA is the first such pact with any African country, and will help Mauritius to emerge as a “hub of Africa”.
- India has also offered a USD 100 million Line of Credit (LoC) to Mauritius to facilitate procurement of defence assets.
- Apart from this an agreement has also been signed between the two countries to provide a Dornier aircraft and an Advanced Light Helicopter Dhruv on lease to Mauritius on a gratis basis for 2 years, so that the country can carry out patrolling activities and monitor its vast maritime domain more effectively.
- India delivered 100,000 doses of Made in India COVID-19 vaccines to the country. It had supplied 100,000 doses earlier.
- Both the countries also signed MoU on Consumer Protection and a Contract for 8 MW solar plant.
Mauritius
- Capital: Port Louis
- Currency: Mauritian rupee
- Prime Minister – Pravind Jugnauth
- President – Prithvirajsing Roopun