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India offers USD 100 million line of credit to Mauritius to facilitate procurement of defence assets


India to supply defence items to Mauritius under a new $100 million LoC
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Mauritius has been a traditional defence partner of India for decades and has been the recipient of defence equipment for safeguarding its interest. The special $100 million defence line of credit signed on Monday will enable the procurement of defence assets from India as per the needs of Mauritius.
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India and its key Indian Ocean Region partner Mauritius on Monday upgraded their defence and economic partnership by signing a special $100 million pact for supplying defence equipment. The two countries also entered into a comprehensive economic cooperation and partnership agreement (CECPA) that will enable smooth entry of Indian businesses to the African continent. ....

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