Mauritius can benefit from Indian market: Ramgoolam
by Special Correspondent

The Hindu    Translate This Article
New Delhi, Mauritius
26 October 2005

On 26 October 2005 The Hindu reported: The recent Comprehensive Economic Cooperation and Partnership Agreement (CECPA) between India and Mauritius will enable Mauritius to help Indian industries reach out to Africa by acting as a conduit between the two. The visiting Mauritian Prime Minister Navinchandra Ramgoolam said that Mauritius would also benefit greatly through the partnership. Global Good News service views this news as a sign of rising positivity in the field of business, documenting the growth of life-supporting, evolutionary trends.

Ramgoolam described the agreement as a bold step forward that would lead to free movement of capital, goods, services, and people.

He went on to say that CECPA would be a model for a new type of regional integration and Mauritius could become a stepping stone for Indian industry onto the African continent.

The article mentioned that despite the fact that Mauritius has recently entered the Southern Asian Development Community and the Common Market for Eastern Southern Africa, opening a potential market worth 500 million, the country will receive great benefit from 'India's huge market of sub-continental dimensions'.

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