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HomeCURRENT AFFAIRSBUSINESSIndia and Mauritius sign defence trade and agreement

India and Mauritius sign defence trade and agreement

India on Monday offered a loan of US $ 100 million to Mauritius to facilitate the purchase of defense assets, and the two countries signed a Comprehensive Economic Cooperation Partnership Agreement following talks between Foreign Minister S Jaishankar and Mauritius Prime Minister Pravin Jugutha Signed.

Sagar policy confirmed. Pleased with Sakshi as well as PM @JugnauthKumar, exchanging USD 100 million defense line. There will be facility for procurement of defense assets directed according to the needs of Mauritius, ”tweeted S Jaishankar.

The two sides exchanged letters on the provision of Dornier aircraft and Dhruv helicopters by India to enhance Mauritius’ maritime surveillance capabilities.

S Jaishankar said in another tweet, “A special day for our special relationship. Attempt to witness with PM @JugnauthKumar to sign Comprehensive Economic Cooperation Partnership Agreement. The first such agreement with the African country of India. “

Jaishankar said in another tweet, “This is a special day for our special relationship. Signed Composite Economic Cooperation Partnership Agreement with Prime Minister Pravind Jagannath. This is the first such agreement with an African country. “He said,” It will help to focus on correcting the economic situation after the epidemic. Business will expand and big investment will come. “He tweeted,” Trusted partner, accountable friend. Cooperation on renal transplant unit, solar power plant construction and consumer protection and ‘legal metrology’ is welcome. “Jaishankar arrived in Mauritius from Maldives on Sunday night in the final leg of the two-nation tour. He also handed over a consignment of one lakh additional doses of ‘Made in India’ vaccine for protection from Covid-19. During his visit, Jaishankar will review all aspects of bilateral relations between the two countries.

The agreement is expected to provide a framework for both sides to open up new market opportunities and explore opportunities on the African continent. Describing Mauritius as a “gateway between India and Africa”, PM Jugnauth said that this historic agreement is far-reaching and will provide new and expanded opportunities in trade in goods and services, investment, economic cooperation and technical assistance.

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