Mauritius and India Reinforce Economic and Commercial Partnership through
On 28 June 2025, a significant milestone was marked in the economic partnership between India and Mauritius with the signing of a Memorandum of Understanding (MoU) between the Indian Business Council (IBC), Mauritius and the Federation of Indian Chambers of Commerce and Industry (FICCI). The ceremony took place at the High Commission of India in Ébène and brought together key dignitaries, policymakers and business leaders.
The MoU seeks to bolster bilateral trade, investment and collaboration across sectors, offering a structured framework to explore new markets, navigate complex international trade dynamics and strengthen economic diversification.
The event was graced by the Minister of Financial Services and Economic Planning, Dr. the Hon. Jyoti Jeetun, and the High Commissioner of India to Mauritius, Mr. Anurag Srivastava. Also present were Mr. Jayasankar Seshadri, President of IBC Mauritius; Mr. Rajiv Wahi, leader of the FICCI delegation; and a distinguished panel of local and international stakeholders.
In her keynote, Dr. Jeetun emphasised the strategic position of Mauritius within the African continent and underlined the importance of strengthening bilateral ties through local currency trade settlements and shared prosperity initiatives. She described India as one of Mauritius’s largest trade partners and highlighted the nation’s potential as a bridge between Africa and Asia. The minister also acknowledged the deep-rooted cultural heritage shared between Mauritius and India, fostering longstanding trust and cooperation.
High Commissioner Srivastava described the MoU as a step forward in leveraging India’s economic might and Mauritius’ geographic advantage to unlock new opportunities across the African continent. He commended the IBC’s role in positioning Mauritius as a preferred investment destination and a strategic springboard for ventures into Africa. He further referenced upcoming cooperation in local currency settlement systems (INR-MUR) and green growth.
Speaking on behalf of the visiting delegation, Mr. Rajiv Wahi praised Mauritius for its democratic values, economic stability and its position as one of Africa’s most advanced and business-friendly economies. He highlighted the potential for deeper collaboration and invited IBC partners to participate in the upcoming FICCI LEADS 2025, scheduled for September in New Delhi.
Mr. Jayasankar Seshadri, President of the Indian Business Council, underscored the importance of this MoU as a strategic milestone in reinforcing India-Mauritius economic diplomacy. In his address, he reaffirmed the IBC’s commitment to driving regional partnerships, innovation and inclusive economic progress through such collaborations.
The MoU signing was followed by a networking session, fostering one-on-one exchanges between FICCI delegates and Mauritian counterparts. The FICCI business mission included senior representatives from sectors such as healthcare, biotech, infrastructure, education, agriculture and finance, exploring synergies and partnerships to drive shared growth across both economies.
This event stands as a testament to the shared vision of both countries to deepen economic integration, build sustainable partnerships and create new avenues for private sector engagement. As Mauritius continues to position itself as a dynamic economic gateway to Africa, the IBC remains committed to promoting impactful collaborations and regional business leadership.
