Mauritius and Pakistan to strengthen bilateral and trade relations

YarnsandFibers News Bureau 2015-03-04 10:00:00 – Mauritus

Major General Ulfat Hussain Shah, the outgoing High Commissioner of Pakistan to Mauritus paid a courtesy call yesterday on the Prime Minister, Sir Anerood Jugnauth, at the Treasury Building in Port Louis, to bid him farewell after having served for two years in Mauritius. They also discussed on strengthening the relation between Pakistan and Mauritius.

Both parties agreed that there is a need for more efforts to raise awareness amongst the respective business communities to the benefits of the Double Taxation Avoidance Agreement which exists since 1995 and the Investment Promotion and Protection Agreement of 1997 for cross-border investments.

Pakistani investments in Mauritius have prospects in sectors such as: textiles and apparel; light engineering; tourism and leisure; construction; education; medical hub; and ICT.

As far as boosting investment and increasing the imports and exports flow to Pakistan and vice versa, is concerned, the outgoing High Commissioner is of the opinion that Mauritian exports to Pakistan are increasing and are going beyond its borders.

Major General Ulfat Hussain Shah also highlighted that during his service as High Commissioner of Pakistan to Mauritius much have been achieved in various fields ranging from diplomatic and trade exchanges to education.

Both countries are now looking forward to strengthen and broaden existing avenues of cooperation and develop new ones. He said that they have traditionally been very close and warm, deriving their strength on common historical and cultural heritage, ties of kinship and bonds of friendship, mutual goodwill and on many affinities.

He pointed out that Mauritius can serve as an example of peace, security, tolerance, unity and diversity for the rest of the world.

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