On Monday, February 22, India signed very important trade and defense deals with Mauritius. The External Affairs Minister, S Jaishankar had visited the island country, and it was then that the two countries signed a Free Trade Agreement, called the FTA, or a Comprehensive Economic Cooperation and. Partnership Agreement, abbreviated as CECPA. It is the first agreement ever of its kind, with any African country.
S Jaishankar, during a joint press statement, stated, “India is privileged to have entered into a Comprehensive Economic Cooperation and Partnership Agreement (CECPA) with Mauritius. It will provide a timely boost for the revival of our post-Covid economies and also enable Indian investors to use Mauritius as a launch-pad for business expansion into continental Africa helping the prospect of Mauritius emerging as a ‘hub of Africa’."
The Prime Minister of the island nation, Pravind Jugnauth, said, “CECPA is first of its kind signed by India with an African country. This landmark agreement is far-reaching and will unleash new and expanded opportunities in trade, goods, and services...CECPA will encourage Indian entrepreneurs to invest both in Mauritius and across the whole region."
Mauritius and India also signed a Defence Line of Credit, worth $100 million, in order to hail and condemn the contract of defense equipment of India. In Prime Minister Narendra Modi’s vision of ‘SAGAR’ (Security and Growth for All in the Region), the island of Mauritius holds a special place. Out of all the defense deals signed by the two sides, one was giving a Dornier aircraft and an advanced light helicopter to Mauritius for two years.
Showing a happy and polite gesture, PM Jugnauth said, “These initiatives underline once again that the security of Mauritius is the security of India; in the prosperity of Mauritius is our prosperity.”
During his visit, the External Affairs Minister spoke about how important security is in the Indian Ocean Region. In addition, even PM Pravind said that they would maintain peace and respect the laws in the India-Pacific region.