Preferential Market Access
Freeport businesses can tap into vast markets, gain competitive advantages, and expand their reach internationally through various bilateral agreements to which Mauritius is a party. For instance, the Common Market for Eastern and Southern Africa (COMESA) offers a Free Trade Area encompassing 20 member states, while the Southern Africa Development Community (SADC) provides preferential access to scheduled products in its 16 member states.
Moreover, Freeport businesses enjoy duty-free and quota-free access to the US market through the African Growth and Opportunity Act (AGOA). Additionally, the African Continental Free Trade Area (AFCFTA) enables trade in goods and services, and dispute resolution.
Mauritius also has Comprehensive Economic Cooperation and Partnership Agreements (CECPA) with India and Free Trade Agreements (FTA) with China, Turkey and Pakistan. These agreements foster economic cooperation and open avenues for market access, strengthening the position of Freeport businesses in the global marketplace.