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Mauritius is a strategic gateway for our collaboration with Africa
Mint Mumbai
|December 03, 2024
In Mauritius, India has a reliable and uniquely located partner that offers Indian businesses easy access to African markets
Mauritius is an important gateway for India's strategic and economic partnership with Africa. Located in the Indian Ocean, Mauritius is in a position to leverage its geographic location, robust economic policies and regional agreements to facilitate trade and investment between India and Africa in consonance with India's Africa strategy as laid down by Prime Minister Narendra Modi. With the African Continental Free Trade Area (AfCFTA) reshaping the continent's economic landscape, Mauritius's strategic importance to India is expected to grow.
The relationship between India and Mauritius is rooted in shared history and cultural ties, with a large Indian diaspora in Mauritius forming a natural bond between the two nations. This foundation has been complemented by decades of economic cooperation. India has been consistently ranked as one of Mauritius's largest trading partners, with bilateral trade reaching $697.4 million in 2023.
Dit verhaal komt uit de December 03, 2024-editie van Mint Mumbai.
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