Mauritius president harps on boosting bilateral ties
The president of Mauritius, Anerood Jugnauth, has harped on consolidating bilateral ties between India and the island country to take the relationship to new heights.
Against the backdrop of the fast-changing global economy, the president said commerce is fast acquiring the centrestage of the bilateral ties and he looks forward to India and Mauritius forging greater alliance on the economic front.
"I invite Indian business houses to take greater advantage of industry-friendly policies of Mauritius and make good deal of investment indiverse fields and similarly our businessmen should be invited here for investment," said the president.
Mauritius economy is driven by tourism industry to a large extent followed by sugar and textile industries. Describing Mauritius as the child of India, he said it is not fair to describe his country as tax haven. "It is not proper to describe it as tax haven country but again if India is losing some revenue routed through our (Mauritius) country, then it is the children of Indian ancestors in Mauritius & don't make fuss of this issue," said the president replying to a question pertaining to few Indian corporate houses taking undue advantage of the tax holidays in the Island country.
Jugnauth also said exchange of excellence between the two countries should be promoted and in this regard he urged upon the private players to join hands with the government. "Private agencies should promote exchange of art, culture, cinema and education among other things between the two countries and let the government be a faciltator," said Jugnauth, wrapping up his two-day visit to the Steel City.
He admitted that the Europe crisis has hit the tourism industry in Mauritius to a moderate extent. Though, he said, the global economic slowdown of 2008 did not affect Mauritius directly but definitely the tourist footfalls were checked in the initial phase of the economic crisis. The tourism industry alone generates 40% of the revenue to the Mauritius government.
He said India and Mauritius share many things commonly and hence the spirit of camaraderie is there between the two countries and certainly in the years to come the two countries will come closer.
Refraining from divulging what transpired between him and chief minister Arjun Munda, he said they exchanged pleasantries and nothing more.
Source: The Times of India
Against the backdrop of the fast-changing global economy, the president said commerce is fast acquiring the centrestage of the bilateral ties and he looks forward to India and Mauritius forging greater alliance on the economic front.
"I invite Indian business houses to take greater advantage of industry-friendly policies of Mauritius and make good deal of investment indiverse fields and similarly our businessmen should be invited here for investment," said the president.
Mauritius economy is driven by tourism industry to a large extent followed by sugar and textile industries. Describing Mauritius as the child of India, he said it is not fair to describe his country as tax haven. "It is not proper to describe it as tax haven country but again if India is losing some revenue routed through our (Mauritius) country, then it is the children of Indian ancestors in Mauritius & don't make fuss of this issue," said the president replying to a question pertaining to few Indian corporate houses taking undue advantage of the tax holidays in the Island country.
Jugnauth also said exchange of excellence between the two countries should be promoted and in this regard he urged upon the private players to join hands with the government. "Private agencies should promote exchange of art, culture, cinema and education among other things between the two countries and let the government be a faciltator," said Jugnauth, wrapping up his two-day visit to the Steel City.
He admitted that the Europe crisis has hit the tourism industry in Mauritius to a moderate extent. Though, he said, the global economic slowdown of 2008 did not affect Mauritius directly but definitely the tourist footfalls were checked in the initial phase of the economic crisis. The tourism industry alone generates 40% of the revenue to the Mauritius government.
He said India and Mauritius share many things commonly and hence the spirit of camaraderie is there between the two countries and certainly in the years to come the two countries will come closer.
Refraining from divulging what transpired between him and chief minister Arjun Munda, he said they exchanged pleasantries and nothing more.
Source: The Times of India
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