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Ministry of Foreign Affairs, Regional Integration and International Trade>News>Minister Lutchmeenaraidoo wants Mauritius and Pakistan to increase bilateral trade and investment flows

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Minister Lutchmeenaraidoo wants Mauritius and Pakistan to increase bilateral trade and investment flows

Date: November 04, 2016
Domain:Multilateral
 

 

The Minister of Foreign Affairs, Regional Integration and International Trade, Mr Vishnu Lutchmeenaraidoo, had a working session with a high-level delegation from Pakistan on Monday 24 October 2016 in the wake of the Pakistan Week. The delegation comprised high-ranking representatives from the Trade Development Authority of Pakistan (TDAP) and the Federation of Pakistan Chambers of Commerce and Industry. The Minister observed that whilst the two counties enjoyed excellent political, cultural and emotional ties, business between them are low. He requested both sides to look into reasons of the lacklustre economic exchanges despite the existence of a Preferential Trade Agreement (PTA) between Mauritius and Pakistan since 2007. A committee is at work and is also looking at way to increase trade and investments flows.

The Minister of Foreign Affairs also presented the Mauritius Africa strategy to the Pakistani delegation and pointed to opportunities to investing into the proposed Special Economic Zones which Mauritius is setting up in Ghana, Senegal and Madagascar, among other countries.

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