AGP Executive Report
Last update: 10 hours agoMauritius as an Africa gateway: Mauritius Industry, SME and Cooperatives Minister Sayed Muhammad Aadil Ameer Meea says family offices from India’s GIFT City can route investments through Mauritius to access Africa via SADC/COMESA, supported by double-tax treaties and a new industry bill expected in Parliament. Tax framework update: Mauritius Cabinet has approved ratification of the India–Mauritius DTAA Protocol introducing the principal purpose test (PPT), with the minister stressing it targets treaty abuse, not genuine investors. UPI and payments reach: Government clarifications say UPI stays free for consumers, while July data shows UPI processed Rs 29.9 lakh crore across 23+ billion transactions, including availability in Mauritius. Maritime security ties: Indian Navy Chief Admiral Krishna Swaminathan begins a four-day Mauritius visit focused on maritime security, defence cooperation, capacity building and joint EEZ surveillance. Trade facilitation: SADC moves to simplify border procedures under its Simplified Trade Regime to cut costs for small-scale traders, including Mauritius. Construction & mining finance: Access Bank (Ghana) signs a financing partnership with Mantrac Ghana to expand equipment and working-capital access for contractors and mining firms. Proton eMas export push: Proton signs a distributorship agreement with David Pieris Holdings to sell eMas in Sri Lanka, with Mauritius listed among existing export markets.
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