Mauritius to be the first African country to sign agreement with China

Mauritius to be the first African country to sign agreement with China

FOCAC

Chinese Prime Minister Li Keqiang and his Mauritian counterpart Pravind Jugnauth signed a memorandum of understanding, ending the negotiations started in December of 2017.

The archipelago of Mauritius will be the first African country to sign a free trade agreement with China, the Chinese Ministry of Commerce informed on the sidelines of the Forum on China-Africa Cooperation.

Chinese Prime Minister Li Keqiang and his Mauritian counterpart Pravind Jugnauth signed a memorandum of understanding, ending the negotiations started in December 2017.

Goods, services, investment and economic cooperation will be covered by the agreement, the ministry said.

The asian country is, since 2009, Africa's biggest trading partner. According to Chinese statistics, in the first six months of this year, bilateral trade increased 16% year on year to 98,800 million dollars (84,600 million euros).

Beijing has free trade agreements with Peru, Costa Rica, Iceland, Switzerland, Singapore, Pakistan and Australia.

Located about 2,000 kilometers off the southeastern coast of the African continent, the Republic of Mauritius has just over one million inhabitants.

Premium