India signs trade deal, $100 million defence agreement with Mauritius

The Indian foreign minister S Jaishankar was on an official visit to two key Indian Ocean region countries- Maldives and Mauritius. The External Affairs Minister (EAM) S Jaishankar visited the Island nation Mauritius to review the comprehensive and important bilateral relationship between the two nations. India signed a Free Trade Agreement (FTA) or (Comprehensive Economic Cooperation Partnership Agreement-(CECPA)) with Mauritius.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

About the agreement:

  • The FTA or CECPA is the first such pact with any African country, and will help Mauritius to emerge as a “hub of Africa”.
  • India has also offered a USD 100 million Line of Credit (LoC) to Mauritius to facilitate the procurement of defence assets.
  • Apart from this, an agreement has also been signed between the two countries to provide a Dornier aircraft and an Advanced Light Helicopter Dhruv on lease to Mauritius on a gratis basis for 2 years, so that the country can carry out patrolling activities and monitor its vast maritime domain more effectively.
  • India delivered 100,000 doses of Made in India COVID-19 vaccines to the country. It had supplied 100,000 doses earlier. Both the countries also signed MoU on Consumer Protection and a Contract for an 8 MW solar plant.

Important takeaways for all competitive exams:

  • Prime Minister of Mauritius: Pravind Jugnauth; President: Prithvirajsing Roopun.
  • Mauritius Currency: Mauritian rupee.
  • Mauritius Capital: Port Louis.

Find More News Related to Agreements

×

Download success!

Thanks for downloading the guide. For similar guides, free study material, quizzes, videos and job alerts you can download the Adda247 app from play store.

[adda247_lead_form]

Leave a comment

Your email address will not be published. Required fields are marked *