The Economic Development Board (EDB) is set to sign a Memorandum of Understanding (MoU) with the Eastern Africa Association in order to increase the chances of investors and corporations from this association using Mauritius as a platform for investment into the eastern African region.
The MoU has the following main objectives:
- establishing a practical framework for cooperation and collaboration with regard to investment, trade promotion and facilitation;
- maintaining a continuous working relationship for the promotion of the partnership between both parties; and
- strengthening institutional relations and identifying areas of comparative advantage, competence and complementarity.