Bilateral Agreements


MAJOR BILATERAL AGREEMENTS OF INTERESTS TO MAURITIUS

 

INDIA AND OTHER COUNTRIES (MAJOR ONES)

 

TURKEY AND OTHER COUNTRIES (MAJOR ONES)

 

FTA BETWEEN SOUTH AFRICA AND THE EU

 

 

MAURITIUS AND REGIONAL MEMBERSHIPS

 

INDIAN OCEAN COMMISSION

 


 

MEMORANDUM OF UNDERSTANDING (MOU) BETWEEN MAURITIUS AND SOUTH AFRICA

 

MOU signed in February 2009 for cooperation in areas such as:
Economic development.
Industrial and trade.
Cross border investment.
Physical and economic infrastructure.
Public Private Partnership.
Technical issues.
Skills development.Public private partnership.

Under the MOU, the Department of Trade and Industries of South Africa will encourage investors to establish projects in the following sectors:

A Joint Committee, composed of senior officials of the relevant government departments of both countries and stakeholders, shall meet at least twice yearly to monitor implementation of the MOU and to identify further areas of cooperation.

 
TRADE AND INVESTMENT FRAMEWORK AGREEMENT

 

Background

 

• The TIFA was signed in Washington in September 2006. It has the objective to promote investment and expand trade between both countries. The ultimate objective is to conclude a Free Trade Agreement (FTA) to facilitate free trade between the two countries.
• A United States- Mauritius Council on Trade and Investment (TIFA Council) has been established. The Council mainly monitors trade and investment relations, identifies opportunities for expansion of trade and investment and identifies issues relevant for negotiations. It meets at least once a year
• Consultations have been initiated for a Bilateral Investment Treaty (BIT). A first round of negotiation was held in Washington in January 2010

Work Plan: priority areas


• promotion of linkages between private sector representatives of both countries and removal of impediments to trade and investment between both countries
• Identification of Competitive Sectors where trade, investment and cooperation can be promoted
• Coordinating and consultations on AGOA

Major decisions


• Sea food and aquaculture, hospitality, property development, ICT and knowledge based sectors have been identified for investment promotion
• Apparel, sea food products, antique wooden products and agro-processed products have been identified for trade promotion
• Agro-processed foods, fibre glass boats, antique wooden products, canned tuna, jewellery and sunglasses have been identified as having export potential on the U.S.
• Litchis, pine apples, cut anthurium flowers, pickles, fruit paste, jam, herbal tea and banana chips have been identified as having export potential on the U.S. Market.

New areas of cooperation


• Promoting Trade in Services (ICT, Tourism, Education, Health services, Logistics, Legal services, and Energy-related services).
• Promoting and protecting Intellectual Property Rights (IPR).
• Coordinating on Multilateral trade issues( WTO \DOHA Round Negotiations).
• Encouraging the participation of SMEs in trade and investment.
• Promoting trade and investment in fish and seafood sector.
• Improving Technical Regulations and Standards, including Sanitary and Phyto- Sanitary (SPS) measures.

The way forward
  • The fifth TIFA Council Meeting was held in Mauritius in January 2012.
  • Negotiations on the Bilateral Investment Treaty (BIT) between Mauritius and the USA have been concluded and the Treaty is ready for signature.

FTA between Mauritius and Turkey


Mauritius and Turkey signed a Free Trade Agreement (FTA) on 9th September, 2011 in Istanbul, Turkey. Mauritius and Turkey have signed a General Framework Agreement on Trade and Economic Cooperation to promote trade and economic cooperation.

The FTA became operational since 1st June 2013 and its main features are as follows:

• Mauritius offers duty concessions and market access to Turkey similar to the EPA.
• Mauritius adopts identical rules of origin as per the EU EPA which includes single transformation for textile and apparel.
• Turkey provides duty free access to Mauritius on all industrial products with the exception of clothing items (considered as being sensitive) which are subject to different tariff preferences.
• The Turkish side provides single transformation rules of origin on a list of sixty clothing items whose maximum duty stands at 12%. Duty will be also phased out on these sixty items within five years, as from 1st June 2013.
• With respect to agricultural products, Mauritius has obtained concession on a list of 46 products including chilled fish, cut flowers, and tropical fruits such as pineapples, mangoes, guava, vegetables, preserved tuna and sweet biscuits amongst others.
• As far as canned tuna is concerned, Turkey provides a margin of preference of 20% as granted to EU, with unlimited Quota access. The actual rate of duty which is 80% has thus been lowered to 64%.
• Turkey has agreed to grant flexible Rules of Origin as in the Interim EPA. Through this Agreement, Mauritius and Turkey will be able to source inputs from each other and export to the EU. Cummulation with third parties is also possible provided that Turkey has an FTA with the third country
• On its part, Mauritius has granted concessions on the basis of the market access made to the EU under the Interim EPA. A list of sensitive products for Mauritius will be excluded from liberalization, such as biscuits, meat, pasta, paints, soap and articles of iron and steel, amongst others.


Domestic Exports 2013

 

 

Main Imports 2013