India and Mauritius will sign several pacts providing for cooperation in the areas of capacity building, trade and to tackle cross-border financial crimes during Prime Minister Narendra Modi’s two-day visit to the country from Tuesday.<\/p>\n
PM Modi is travelling to Mauritius primarily to grace the island nation’s national-day celebrations as the chief guest on March 12.<\/p>\n
At a media briefing, Foreign Secretary Vikram Misri said on Saturday that the two sides will sign several agreements in the fields of capacity building, bilateral trade, tackling cross-border financial crimes and promoting small and medium enterprises.<\/p>\n
The visit will enable both sides to take stock of the bilateral ties and provide orientation to engagement in the coming months and years, he said.<\/p>\n
Describing Mauritius as a close maritime neighbour, Misri said India has been privileged to be a preferred development partner for the island nation.<\/p>\n
In the last 10 years, the relationship has deepened significantly, he said.<\/p>\n
A contingent of Indian defence forces will participate in the national-day celebrations of Mauritius, along with a ship from the Indian Navy.<\/p>\n
India has close and longstanding relations with Mauritius, an island nation in the Western Indian Ocean.<\/p>\n
A key reason for the special ties is the fact that Indian-origin people comprise nearly 70 per cent of the island nation’s population of 1.2 million (12 lakh).<\/p>\n
Since 2005, India has been among the largest trading partners of Mauritius.<\/p>\n
For the financial year 2022-2023, Indian exports to Mauritius were USD 462 million, while Mauritian exports to India were USD 91.5 million.<\/p>\n
The total trade volume was USD 554 million.<\/p>\n
Trade has grown by 132 per cent in the last 17 years, from USD 206 million in 2005-06 to USD 554 million in 2022-23, according to official data.<\/p>\n
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)<\/i><\/p>\n
\u200bIndia and Mauritius will sign several pacts providing for cooperation in the areas of capacity building, trade and to tackle cross-border financial crimes during Prime Minister Narendra Modi’s two-day visit to the country from Tuesday.\u00a0\u00a0<\/p>","protected":false},"excerpt":{"rendered":"
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