AGP Executive Report
Last update: 11 hours agoMauritius as an Africa gateway: Mauritius Industry Minister Sayed Muhammad Aadil Ameer Meea says family offices from India’s GIFT City can route investments through Mauritius to access African markets via SADC and COMESA, supported by Mauritius’ double-tax treaties and a planned industry bill to be tabled in Parliament. Maritime diplomacy: India’s Navy chief Admiral Krishna Swaminathan has started a four-day official visit to Mauritius to deepen defence and maritime cooperation, including talks on maritime security, capacity building and military collaboration, building on regular training exchanges and joint EEZ surveillance. Banking records modernised: India’s Parliament cleared the Bankers’ Books Evidence Bill, moving bank records under a modern evidence framework—relevant for how financial disputes and documentation are handled. DTAA ratification with anti-abuse rule: Mauritius’ Cabinet approved ratification of the India–Mauritius DTAA Protocol introducing the principal purpose test (PPT), with the minister saying it targets treaty shopping while protecting genuine investment activity. Offshore brokerage scrutiny: A Mauritius-based broker (Elev8) published guidance on how to verify offshore broker legitimacy beyond just registration, focusing on licence status and client protections. Regional trade facilitation: SADC is pushing a Simplified Trade Regime to ease border procedures and cut costs for small-scale traders, with Mauritius listed among member states.
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