Mauritius has preferential market access to nearly 70% of the world and export 2,500 product lines to 142 countries worldwide. Our main markets are Europe, USA and South Africa.
The Conference will focus on the merits of the new trade agreements that came into force since 2021, namely:
Comprehensive Economic Cooperation and Partnership Agreement (CECPA) with India
The CECPA is a landmark trade and economic agreement aimed at enhancing bilateral relations and promoting economic cooperation between Mauritius and India. It is India’s first agreement with an African nation. The CECPA is expected to boost trade and investment flows and create new opportunities for businesses and entrepreneurs.
The agreement provides Mauritian exporters preferential market access on a list of 615 products including amongst others: 40 000 tons of special sugar at 10% duty, 2 million liters of beer at 25% duty, 1.5 million liters of rum at 50% duty, 5000 liters of fruit wine at 50% duty, 7.5 million pieces of garments at zero duty, 7000 tons of canned tuna at zero duty.
The African Continental Free Trade Area (AfCFTA)
The AfCFTA aims at creating a single market for goods and services across the African continent and boosting regional trade by reducing or eliminating tariffs on 90% of goods, facilitating the movement of capital and people, fostering industrial development, and promoting sustainable and inclusive economic growth across the continent.
It also represents a significant milestone in the economic development of Africa and has the potential to bring about transformative changes in the continent's trade landscape. Our well-established manufacturing and export-oriented industries can contribute to the regional value chain by exporting goods and services to the continent.
The China Free Trade Agreement (FTA)
The Agreement is China’s First FTA with an African country. Mauritius has benefited from immediate duty-free access on the Chinese market on more than 7,000 tariff lines. Tariffs on an additional 700 products will be phased out over a period of 5 to 8-year. Given the huge demand and consumption pattern of its population, China with a population of 1.4 billion, could represent a potential market for products manufactured locally.
