January 30, 2023

Mauritius and Turkey to sign a protocol amending the FTA

The Government of Mauritius has agreed to the signing of a Protocol amending the Free Trade Agreement (FTA) between Turkey and Mauritius.  Mauritius, as an island state, relies heavily on its trading partners for the advancement of its economy.  It will be recalled that the FTA is being implemented since 2013 and that Turkey remains an important trading partner for Mauritius especially for the provision of construction materials (iron and steel) as well as fertilizers.

 

The protocol will now provide improved market access to Mauritian exporters in terms of duty-free access on beer and wine and more beneficial tariff rates and quotas for several products such as fisheries products, pineapples, lychees and pet food.  Turkey, on the other hand, will include new products under the FTA such as vanilla, rhum and poultry feed.

 

During the year 2021, trade flows between Mauritius and Turkey were as follows:

 

Trade flows

Values (USD)

Mauritius imports from Turkey

USD 123.52m

Mauritius exports to Turkey

USD 0.52m

(Source: Trading Economics)

 

 



GET IN TOUCH