India and Mauritius on Monday signed the long-pending Comprehensive Economic Cooperation and Partnership Agreement (CECPA) after a similar free trade agreement between China and Mauritius came into effect on 1 January.
After signing the agreement on Monday, the minister of external affairs Jaishankar on Twitter said the deal“Will help focus on post-pandemic economic recovery. Enable business expansion and greater investments.”
The Indian commerce ministry on Tuesday said the CECPA–the first trade agreement by India with an African nation–provides for an institutional mechanism to encourage and improve trade between the two countries.
The CECPA covers 310 export items for India, including food stuff and…