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7/23/24, 11:21 AM UAE and Mauritius sign comprehensive economic partnership agreement | The National
The deal with Mauritius is particularly expected to support energy and infrastructure
investments, said Suhail Al Mazrouei, Minister of Energy and Infrastructure.
“The agreement will drive both countries’ energy landscapes, especially as Mauritius has
an ambitious clean energy programme that seeks to increase the contribution of renewable
energy to 60 per cent of the country’s electricity mix by 2030, with a focus on several
energy sources including solar, wind, biomass, hydro, and waste-to-energy.”
Dr Sultan Al Jaber, Minister of Industry and Advanced Technology, added that the deal
will open up new opportunities for the UAE’s private sector.
The Mauritian economy is "one of the most promising" in Africa, posting an 8.5 per cent
growth in GDP in 2022 – its fastest in 35 years, he said.
"It also has a dynamic industrial sector, with textiles and light engineering playing an
important role in its ongoing economic health," Dr Al Jaber said.
“The potential for collaboration with our own industrialists and investors is significant,
both in terms of supplying the Mauritian economy with the materials and resources it
needs and in helping to develop their industrial base."
Abdulla bin Touq, Minister of Economy, said Mauritius is a rapidly growing economy that
serves as an important gateway into Africa.
“It’s clear that greater economic integration between our nations will reap considerable
rewards for us both. Our Cepa will enhance the flow of goods and services between the
Gulf and Africa, create new market opportunities for our exporters, and increase
investment into priority sectors such as logistics, manufacturing, tourism, and financial
and professional services," he said.
"We look forward to fully realising the benefits of this deal in the months and weeks
ahead.”
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