India-Mauritius for Comprehensive Trade Pact
The Union Cabinet in February approved the signing ...
As regards trade in services, Indian service providers will have access to around 115 sub-sectors from the 11 broad service sectors such as professional services, computer-related services, research and development, other business services, telecommunication, construction, distribution, education, environmental, financial, tourism and travel-related, recreational, yoga, audio-visual services, and transport services. India has offered around 95 sub-sectors from the 11 broad services sectors, including professional services, R&D, other business services, telecommunication, financial, distribution, higher education, environmental, health, tourism and travel-related services, recreational services and transport services.
Both sides have also agreed to negotiate an Automatic Trigger Safeguard Mechanism (ATSM) for a limited number of highly sensitive products within two years of the signing of the agreement. It will be signed by both countries on a mutually convenient date and will come into force from the first day of the following month.
India and Mauritius enjoy excellent bilateral relations, sustained by historic cultural affinities, frequent high-level political interactions, development cooperation, defence and maritime partnership, and people-to-people linkages.
Mauritius is an important development partner of India. India had extended a ‘Special Economic Package’ of $353 million to Mauritius in 2016. The new Supreme Court building project is one of the five projects being implemented under this package and was jointly inaugurated by Prime Minister Narendra Modi and Prime Minister of Mauritius Pravind Jugnauth in July 2020. In October 2019, Prime Minister Modi and his Mauritius counterpart had jointly inaugurated phase-I of the Metro Express Project and a 100-bed state-of-the-art ENT hospital project in Mauritius, also built under the special economic package.