In the margins of the 5^th Round of Political Consultations Mechanism between Mauritius and the Russian Federation, the Honourable S. Lutchmeenaraidoo, GCSK,  Minister of Foreign Affairs, Regional Integration & International Trade, led a high-level institutional delegation to Moscow. The Board of Investment (BOI), in collaboration with the Chamber of Commerce and Industry of the Russian Federation, the Moscow Chamber of Commerce and Industry and the Coordinating Committee On Economic Cooperation with Sub-Saharan Africa (AfroCom) organised a Business Forum in Moscow on Tuesday 14^th November 2017, themed ‘Mauritius: An Investment Platform of Choice’.

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Further to the signing of an MOU for  the establishment of a Foreign Office Consultation Mechanism aimed at strengthening political, economic and cultural ties between  Mauritius and Switzerland in August 2017,  H.E Mrs. Helene Budliger Artieda, Ambassador of Switzerland to Mauritius, will be leading an economic mission comprising companies from the ICT, Oil and Gas, consultancy/financial services, pharmaceutical and transport sectors to Mauritius.

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The Board of Investment welcomed a high-level delegation from the China Council for the Promotion of International Trade (CCPIT) on Monday 13th November 2017.  The 26-member delegation was led by Mr. Zhang Wei, CCPIT Vice Chairman. It comprised two important leaders, namely Mr. Li Wenguang, Vice Chairman, CCPIT Shandong and Ms. Liang Junjun, Vice Chairman, CCPIT Hubei.

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EDITORIAL

Dear Valued Investors,

One year is a long time in a country’s economic life. Indeed, no sooner was Mauritius relegated to the 49th place in the 2017 World Bank Doing Business Report than there settled in a heavy dampening of the business community’s mood.

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Further to the signing of an MOU for the establishment of a Foreign Office Consultation Mechanism aimed at strengthening political, economic and cultural ties between Mauritius and Switzerland in August 2017,  H.E Mrs. Helene Budliger Artieda, Ambassador of Switzerland to Mauritius, will be leading an economic mission comprising  companies from the ICT, Oil and Gas, consultancy/financial services, pharmaceutical and transport sectors to Mauritius from 13^th to 14^th November 2017. 

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L’IFA – l’indice de facilité de faire des affaires (Doing Business Index, DBI) – a été créé par la Banque mondiale en 2003. Son objectif principal est d’évaluer l’impact réel des politiques des pouvoirs publics sur la conduite des affaires dans quelque 190 pays, qu’ils soient en voie de développement, émergents ou développés.

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Mauritius has been ranked 25^th out of 190 countries by the World Bank’s Doing Business Report 2018 and Mauritius’ score went from 75.45 as per the revised Doing Business Report to 77.54. This 2.09 increase implies that since last year, the country has improved its business regulations and is narrowing the gap with the global regulatory frontier. The country’s ranking witnessed a significant leap of 24 places with respect to its last year’s.  

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The President of Seychelles, H.E. Danny Antoine Rollen Faure, is currently on an official visit to Mauritius from 26th to 28th October 2017.

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