Tax-News.Com Archive

Sponsored by: PEARSE TRUST
Independent advice on corporate and trust structures

ARCHIVE ROOT | TODAY'S NEWS | LOWTAX

First US-Mauritius TIFA Meeting Begins Today
by Lorys Charalambous, Tax-News.com, Cyprus

05 February 2007

The First Trade and Investment Framework Agreement (TIFA) Council meeting between Mauritius and the United States will begin today in Balaclava.

The US delegation will be led by Florizelle Liser, Assistant US Trade Representative for Africa. She will be accompanied by Patrick Coleman, Director for African Affairs; Craig Allen, Senior Commercial Officer, US Department of Commerce; and Scott Reynolds, Agricultural Counsellor, US Department of Agriculture. The Mauritian side will be headed by the Minister of Foreign Affairs, International Trade and Cooperation, Madan Dulloo.

Discussions will focus on the Africa Growth and Opportunity Act (AGOA) implementation measures, Business and Investment Opportunities, Trade Facilitation Measures, Trade in Services and Agri-Business, amongst others. Presentations will be made by both the American and the Mauritian delegations.

The Trade and Investment Framework Agreement was signed on 18 September 2006 in Washington by M. Dulloo and by the Deputy United States Trade Representative, Karan Bhatia.

The TIFA is a vehicle for strengthening and expanding bilateral trade ties between Mauritius and the United States. It provides an opportunity to work more closely on a broad range of trade-related issues, including the moving of the WTO Doha Development Round forward and the implementing of the AGOA. The Agreement is considered as a first step towards the creation of a Free Trade Area.

The TIFA also includes provisions for the establishment of a bilateral Trade and Investment Council that will monitor trade and investment relations and identify opportunities for expanding trade and investment, as well as important issues and challenges that both Mauritius and the United States need to address.

.

 


IMPORTANT NOTICE: TAX-NEWS.COM has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments. All materials on this site copyright TAX-NEWS.COM 1999 to 2007. Contact us for further information.