FTA creates economic dynamo for Mauritius and China

The economic barometer between Mauritius and China started rising 50 years ago when more than 100 Mauritian businessmen flew to China on a chartered plane to participate in the world renowned Canton Fair.

Over the years, Mauritius and China have signed numerous agreements of cooperation in various fields, such as economic cooperation, technology, culture, education, and sports. The ratification of the Mauritius-China Free Trade Agreement in January 2021 has served to start the economic and trade dynamo.

From the trade perspective, data from Mauritius suggest that after the ratification of the FTA, Mauritius' exports to China increased by 148 percent. According to data from China's Ministry of Commerce, Chinese direct investment in Mauritius in 2020 was estimated at $45.77 million, with Chinese cumulative investment in Mauritius reaching approximately $887 million, mainly in the finance, real estate, manufacturing and tourism sectors.