AGP Executive Report
Last update: 27 minutes agoMauritius–India Finance Link: Mauritius Industry, SME and Cooperatives Minister Jyoti Jeetun says the Cabinet has ratified the India–Mauritius DTAA protocol, adding the principal purpose test to curb treaty shopping—while assuring genuine investors real-economy activity won’t be hit. GIFT City to Africa Route: Mauritius is positioning itself as a gateway for Indian family offices from GIFT City to invest into Africa via Mauritius, leveraging COMESA/SADC access and double-tax treaties, with an industry bill expected to support the flow. Payments Policy Watch: India’s government clarified UPI stays free for consumers, even as policy discussions point to possible future merchant charges. Maritime Security: Indian Navy Chief Admiral Krishna Swaminathan begins a four-day Mauritius visit to deepen maritime cooperation, including EEZ surveillance, capacity building and defence collaboration. Trade Facilitation: SADC moves to simplify border procedures under a simplified trade regime, naming Mauritius among member states to cut costs for small traders. Drug Crisis Focus: A Mauritius editorial calls for a broader, rule-of-law approach after a high-profile drug-related arrest and political fallout.
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