INDIAN PRESIDENT's VISIT TO MAURITIOUS
Indian President Pranab Mukherjee paid a 3-day State visit to Indian Ocean island Mauritius in the second week of March, 2013. During his visit he was the chief guest at the 45th Mauritius Independence Day and the 21st Republic Day Celebrations on March 12, his second day of visit. The President on March 12 said that India was keen to address the issue of Double Taxation Avoidance Agreement (DTAA) and that the joint Work ing Group (JWG) on the Double Avoidance Convention (DTAC).
met twice in the last one year. The President was speaking at the Clarisse House, the official residence Navinchandra Ramgoolam, soon after India and Mauritious signed a Memoranda of Understanding (MoU) in the area of Health and Medicine, Tourism and Cooperation and in the field of Senior Citizen and Persons with Disabilities.
In his media address, Ramgoolam assured of a solution to the DTAA and said, "there is going to be a meeting in April. We have already managed to find common ground."
Mr. Mukherjee told reporters, "They (The JWG) have provided an opportunity for both sides to discuss all issues with the aim of finding a mutually acceptable and beneficial outcome we also look forward to the holding of the 11th India-Mauritius Joint Commission Meeting." In an interview to Mauritian French daily 'Le Matinal' the President said India had been the largest exporter of goods and services to Mauritius since 2007. Citing figures of financial year 2011-2012, Mukherjee said, "India exported goods worth US $ 1.4 billion to Mauritius and imported goods worth US $ 39.13 million from Mauritius which indicated that India has now become Mauritius's largest trading partner. Our trade figures also suggest the need for our two countries to expand and diversity our trade basket." He also said Indian overseas investments to Africa are beginning to be channelled through Mauritius. "Mauritius, with its preferential and trading arrangements as well as export zones could attract Indian SMEs enga-ged in the pharmaceuticals, light engineering, consumer goods, textiles, seafood processing, etc. The members of SADC and COMESA in mainland Africa could be the main target market," Mukherjee told the French daily.
met twice in the last one year. The President was speaking at the Clarisse House, the official residence Navinchandra Ramgoolam, soon after India and Mauritious signed a Memoranda of Understanding (MoU) in the area of Health and Medicine, Tourism and Cooperation and in the field of Senior Citizen and Persons with Disabilities.
In his media address, Ramgoolam assured of a solution to the DTAA and said, "there is going to be a meeting in April. We have already managed to find common ground."
Mr. Mukherjee told reporters, "They (The JWG) have provided an opportunity for both sides to discuss all issues with the aim of finding a mutually acceptable and beneficial outcome we also look forward to the holding of the 11th India-Mauritius Joint Commission Meeting." In an interview to Mauritian French daily 'Le Matinal' the President said India had been the largest exporter of goods and services to Mauritius since 2007. Citing figures of financial year 2011-2012, Mukherjee said, "India exported goods worth US $ 1.4 billion to Mauritius and imported goods worth US $ 39.13 million from Mauritius which indicated that India has now become Mauritius's largest trading partner. Our trade figures also suggest the need for our two countries to expand and diversity our trade basket." He also said Indian overseas investments to Africa are beginning to be channelled through Mauritius. "Mauritius, with its preferential and trading arrangements as well as export zones could attract Indian SMEs enga-ged in the pharmaceuticals, light engineering, consumer goods, textiles, seafood processing, etc. The members of SADC and COMESA in mainland Africa could be the main target market," Mukherjee told the French daily.
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