On March 11, 2025, Prime Minister Narendra Modi and his Mauritius counterpart Navinchandra Ramgoolam agreed to facilitate trade settlements in local currencies, Indian Rupee and Mauritian Rupee, as part of their efforts to strengthen economic ties. PM Modi’s visit to Mauritius was a two-day state visit, and the two leaders also discussed expanding cooperation in various sectors, including trade, investment, and infrastructure development.
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- PM Modi and Mauritius PM Ramgoolam agreed to settle trade in Indian and Mauritian Rupees.
- A second session of the High Power Joint Trade Committee will be held to boost economic cooperation under CECPA.
- Both leaders are focused on diversifying trade and economic links between India and Mauritius.
- Discussions are underway to ratify an amendment to the Double Taxation Avoidance Agreement between both countries.
- Investment in emerging sectors like ocean economy, pharmaceuticals, IT, and fintech will be prioritized.
- India has been Mauritius’ main development partner, contributing to significant infrastructure projects like the Metro Express and New Supreme Court Building.
- The leaders highlighted India’s role as a ‘First Responder’ during Cyclone Chido, offering assistance and infrastructure support.
- Ongoing infrastructure projects, such as a new Parliament building and Ganga Talao redevelopment, will be implemented with Indian grant assistance.
- PM Modi’s visit marked the second time he attended Mauritius’ National Day celebrations.
- Both countries will work on a 100 km water pipeline replacement project as part of the first INR-denominated Line of Credit agreement.




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