Mauritius
Botswana Minister of Trade and Industry, Neo Moroka yesterday signed a bilateral investment treaty on promotion and reciprocal protection on investment with Mauritius envoy, Madan Dulloo.
The tax holiday provided under the India-Singapore agreement, which Indian companies may take advantage of, is part of a trend that will make it increasingly difficult to tax capital in almost any country.
With the recent signing of the India-Singapore comprehensive economic cooperation agreement (CECA) which threatens to reduce the importance of Mauritius as the investment gateway to India, Port Louis has began talks with New Delhi on a similar deal.
India and Mauritius have held a first round of talks on a Comprehensive Economic Cooperation and Partnership Agreement (CECPA).
A Comprehensive Economic Cooperation Agreement (CECA) between India and Singapore has been signed on the 29th June in New Delhi by the Prime Ministers of two countries.
The agreement will liberalise trade in goods and services and even facilitate joint ventures, besides encompassing the existing double taxation avoidance agreement between the two countries.
Federal Cabinet has approved the summary for Free Trade Agreement (FTA) between Pakistan, Yemen and Mauritius.
The summary was presented before federal cabinet after a trade delegation headed by Federal Commerce Minister Humayun Akhtar Khan attended a joint Ministerial Commission conference in Yemen and Mauritius in March 2004 and inked a Memorandum of Understanding about FTA.
Two minority investors in India’s largest foreign investment, the ill-starred Dabhol Power Plant, have launched a bilateral investment treaty (BIT) claim against India in an effort to recoup their losses related to the plant.
