AGP Executive Report
Last update: 4 hours agoDigital Payments for Trade: RBI Governor Sanjay Malhotra says BRICS is discussing linking CBDCs and fast payment systems to cut the cost and speed up cross-border remittances, pointing to UPI’s near-instant settlement as the benchmark. Mauritius as a Payments Link: UPI is already live in Mauritius among other countries, reinforcing the island’s role in regional financial connectivity. Mauritius-India Tax Clarity: Mauritius Cabinet has approved ratification of the India–Mauritius DTAA Protocol with a principal purpose test to curb treaty shopping, with the minister stressing it targets abuse, not genuine investors. Business Services in Mauritius: ETL Global adds Fideco Global Business Services as its Mauritius contact point, expanding corporate administration and trustee/accounting support for international clients. Maritime Security Ties: Indian Navy chiefs begin a four-day Mauritius visit to deepen defence cooperation, including joint EEZ surveillance and capacity building. Regional Trade Facilitation: SADC moves to simplify border procedures for small traders under its Simplified Trade Regime, with Mauritius listed among member states. Industry & Governance Watch: A Mauritius editorial flags the drug crisis as a broader strategy issue after a high-profile arrest and related questions on safeguards.
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