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India Signs Trade Agreement With Mauritius During External Affairs Minister S Jaishankar s Visit
India and Mauritius signed the CECPA on Monday (Pic Via Twitter)
India and Mauritius have signed a Comprehensive Economic Cooperation and Partnership Agreement (CECPA) that provides an institutional mechanism to encourage and improve trade between the two countries.
India decided to change its trading relationship with Mauritius after it found that the earlier double taxation avoidance (DTA) treaty with the island nation was being misused for routing illegal money into India.
In fact, tax advantage that India gave made Mauritius the supplier of largest foreign direct investment into the country. Even since then, various loopholes in the earlier trading system have been plugged.
India permits Pak aircraft to use its airspace for Imran Khan s travel to Sri Lanka freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
Posted on February 22nd, 2021
Courtesy News18
India is the main supplier of COVID-19 vaccines and has recently gifted 5 lakh doses of Covishield to Sri Lanka.
ri Lanka has cancelled Pakistan Prime Minister Imran Khan’s planned speech in Parliament in an apparent bid to avoid clash with India. The Colombo government cannot risk its relations with India as it faces the Chinese debt-trap. India is also the main supplier of COVID-19 vaccines and has recently gifted 5 lakh doses of Covishield to Sri Lanka.
According to a report titled ‘Sri Lanka avoids clash with India by cancelling Khan’s Parliament speech’ by Dar Javed published in Colombo Gazette, the speech was cancelled to prevent souring of relations with India.
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