Mauritius | Trading

April 14, 2011

The Double Taxation Avoidance Agreement (DTAA) between Belgium and Mauritius was discussed

The agreement between both countries exists since 1995 and Jugnauth wants to implement it

The Double Taxation Avoidance Agreement (DTAA) between Belgium and Mauritius was discussed following the meeting between vice prime minister, minister of Finance and Economic Development Pravind Jugnauth and his Belgium counterpart Didier Reynders on Wednesday in Brussels.

The agreement between both countries exists since 1995 and Jugnauth wants to implement it. He also spoke of transparency and international cooperation on the exchange of information.

Reynders was attentive to the concerns of the minister and said that he would table Jugnauth’s suggestions in front of the preparatory meeting of the G20 whose summit will be held in South Korea.

He added that he was in favour of technically assisting Mauritius through the Belgium national bank.

He was ready to collaborate with the Mauritian government for the promotion of trade and investment and encourage Belgium investors to consider Mauritius.

Jugnauth will be leaving Brussels for Washington today. He will stay there till Monday to hold discussions with the World Bank and the International Monetary Fund.

Discussions will be held on several subjects such as the implementation of the duty free island project.

Infrastructural projects such as the Mahébourg port, productivity in the public sector and programme based budgeting, the dossier Aid for Trade including regional integration, restructuration of sectors involved in export, small and medium enterprises, modernisation of customs, the Sovereign Wealth Fund and government tax will also be on the agenda.

 

Text by the Independent
 

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