In March 2018, Mauritius signed the agreement establishing the Continental Free Trade Agreement, which came into force in May 2019. The Mauritian government and the People`s Republic of China concluded negotiations for a free trade agreement in September 2018. The agreement was signed by both countries, but will not enter into force until it has been ratified. Mauritius also signed an agreement with the UK in January 2019 to preserve the trade preferences it currently enjoys under the Interim Economic Partnership Agreement (IEPA) with the European Union. The new agreement, known as the EPA Agreement (UK and ESA), is expected to enter into force on 1 January 2021. Negotiations for a preferential trade agreement with Indonesia and a Comprehensive Economic Partnership Agreement (CECPA) with India are underway. In addition, Mauritius and four other comea countries began negotiations in October 2019 to expand the iEPA. The United States and Mauritius signed a Framework Agreement on Trade and Investment (TIFA) in September 2006. It will be a formal mechanism to resolve bilateral trade issues and strengthen and expand trade and investment relations between the two countries.
Mauritius benefits from the Generalized Preference System (GSP) offered by Japan, Norway, Switzerland, the United States and the Customs Union of Belarus, Kazakhstan and Russia. Mauritius is a member of the Common Market Free Trade Agreement for South and East Africa (COMESA) and the Southern African Development Community (SADC). The Oceans Commission of India (IOC) brings together Comoros, Madagascar, Mauritius, Reunion and Seychelles to promote diplomatic, economic and trade relations between the islands. Currently, only products traded between Mauritius and Madagascar in accordance with the IOC`s rules of origin are granted duty-free access. Mauritius has a free trade agreement with Turkey and a preferential agreement with Pakistan. Mauritius is also eligible for trade preferences with the European Union under the Interim Economic Partnership Agreement. It describes the bilateral and multilateral trade agreements to which that country belongs, including with the United States. Includes websites and other resources that allow U.S. companies to get more information about how they can use these agreements. Mauritius is entitled to commercial benefits under the African Growth and Opportunity Act (AGOA), which provides duty-free and quota-free access to the U.S. market for more than 6,000 eligible products from sub-Saharan Africa.