Opening of the UK Trade and Investment Office in Mauritius
The British High Commission has, on the 27th January 2015, launched the UK Trade and Investment (UKTI) office in Mauritius.
The opening of the office was done Honourable E. Sinatambou, Minister of Foreign Affairs, Regional Integration and International Trade. The UKTI works with UK based businesses to ensure their success in international markets through exports. The aim of the office is to encourage and support overseas companies to look at the UK as the best place to set up or expand their business.
The UK is one of the main commercial partners in terms of our trade flows to Europe. In 2013, the UK was the first export destination for Mauritius with exports totaling 390 million USD and accounting around 30% of our total exports to Europe. UK is an important market for our sugar, textiles and seafood products. Imports, on the other hand, amounted to 116 million USD.
UK is Mauritius second largest source of foreign investment. In 2012, UK investment in Mauritius stood at 123 million USD. As a matter of fact, UK direct investment in Mauritius has increased by 25% from 2007 to 2012.
The opening of the UK Trade and Investment office will provide a platform to strengthen bilateral ties and further boost trade and investment between the two countries. Sources : ITD