Business updates

Mauritius formally joined the Trade in Services Agreement talks in July 2015, bringing the number of participants to 25, when including the 28-nation EU as one party.

The draft text of the TiSA sets out the provisions for non-discrimination, transparency, domestic regulations, dispute resolution, treatment of monopolies and exclusive service suppliers. Annexes to main text contain measures related to specific sectors such as financial services, tourism, telecommunications and air & maritime transport amongst others.

The Government of Mauritius has agreed to the draft initial market access offers and under the TiSA, Mauritius will provide the same market access offers to WTO Members as those proposed to the European Union under the Economic Partnership Agreement.

It should be noted that Mauritius is the first African country to join the TiSA negotiations, which in accordance to the General Agreement on Trade in Services, seeks to liberalise trade in services.