TRALAC - Trade Law Centre

Mauritius: CCA board chair expresses confidence towards renewal of AGOA before Sept. 2015

Tuesday, 19 May 2015

Source: Government of Mauritius (Port Louis)

The Corporate Council on Africa (CCA), Board Chair, Mr. Paul Hinks, expressed confidence that the Africa Growth and Opportunity Act (AGOA) will soon be cleared and renewed by the US Congress given that the existing legislation expires on 30 September 2015.

The renewal of AGOA was at the fore of discussions during a courtesy call yesterday by a delegation of the CCA led by Mr Paul Hinks, on the Prime Minister, Sir Anerood Jugnauth, at the Treasury Building in Port Louis.

In a statement after the meeting, Mr Paul Hinks, pointed out that the CCA is also reviewing the relationship of Mauritius as a financial services hub to the rest of Africa. Other topics raised pertained to the investment opportunities in several key sectors in Mauritius as well as using the country as an investment platform to access the African continent.

It will be recalled that the CCA delegation is in Mauritius from 18 to 19 May 2015 as part of its Southeast Africa Trade Mission which also covers Madagascar and Mozambique, with emphasis on power, energy, infrastructure, agribusiness and ICT.

The delegation, led by Mr. Paul Hinks of Symbion Power, comprises 10 US companies, operating in the following sectors: Energy, Manufacturing, ICT and Financial Services.

The objective of the mission is to promote opportunities that are available in Africa and foster partnerships between African and American businesses.

The CCA, established in 1993, is at the forefront of strengthening and facilitating the commercial relationship between the US and the Africa. It works closely with governments, multilateral groups and business to improve the continent's trade and investment climate, and to raise the profile of Africa in the US business community.

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