India and Mauritius have agreed to incorporate the provisions
associated to Automatic Trigger Safeguard Mechanism of their commerce
pact Comprehensive Economic Cooperation and Partnership Agreement
(CECPA), the Ministry of Commerce and Industry stated on Thursday,
The settlement was determined in the course of the 1st session of
India-Mauritius High-Powered Joint Trade Committee on August 1-3,
in New Delhi.
The High-Powered Joint Trade Committee had been constituted as
per the mandate of the India-Mauritius Comprehensive Economic
Cooperation and Partnership Agreement (CECPA), to evaluation the
basic functioning and implementation of the commerce pact.
The CECPA entered into drive on 1st April, 2021 and it’s the
first commerce Agreement signed by India with a rustic in Africa.
“Both sides agreed to the inclusion of the General Economic
Cooperation (GEC) Chapter and Automatic Trigger Safeguard Mechanism
(ATSM) in CECPA,” the official assertion stated.
The GEC chapter will allow enhancement of export
competitiveness and enlarging the prevailing scope for collaboration,
inter-alia, within the fields of Investments, Financial Services,
Textile, Small and Medium Enterprises, Handicrafts, Gems and
Jewellery, Information and Communication Technology, Film
Production, Space Technology, Blue Economy, Port Infrastructure,
Healthcare, Pharmaceuticals and Bio-technology, Competition Policy,
Renewable Energy and so forth.
During the assembly, either side agreed to boost bilateral
collaboration to additional improve bilateral commerce and notice the
true potential of the bilateral relationship particularly below the
India and Mauritius held intensive interactions within the Services
sector with regard to establishing equivalence in certification,
expertise and licensing necessities of assorted skilled our bodies
and exploring collaboration/ cooperation association between
Ministry of Skill Development and Entrepreneurship and its
counterpart in Mauritius on growing skill-sets.
Mauritian facet, whereas conveying the scarcity of execs in
Mauritius in varied sectors comparable to ICT, Financial Services, Film
manufacturing, Engineering, Health, Tourism/Hospitality and Ocean
Economy and so forth., welcomed motion of excessive expert professionals from
India to Mauritius.
Besides, either side expressed willingness to enter right into a
Customs Mutual Administrative Assistance Agreement (CMMA) and
agreed to provoke discussions on the Agreement quickly.
Affirming mutual keenness in diversifying and increasing commerce
basket, the 2 sides mentioned extra market entry points and
agreed to debate bilateral recognition preparations of equivalence
on SPS and TBT measures.
Both sides additionally agreed to establish bilateral focal factors to
additional strengthen bilateral institutional cooperation.
The bilateral merchandise commerce between India and Mauritius rose
to USD 786.72 million in 2021-22 from USD 690.02 million in
The assembly was co-chaired by Srikar Okay Reddy, Joint Secretary,
Department of Commerce, Ministry of Commerce and Industry of India,
Government of India, and Narainduth Boodhoo, Director of Trade
Policy, Ministry of Foreign Affairs, Regional Integration and
International Trade, Government of Mauritius.
Senior officers from each international locations additionally took half within the
assembly. Both sides agreed to carry the following session of India-
Mauritius High Powered JTC assembly in 2023.