President Mbeki to attend Mauritian 40th Independence Anniversary
Pretoria – South African President Thabo Mbeki, supported by Minister Essop Pahad, will on Tuesday 11 March 2008 depart for Port Louis, Mauritius where he will lead a South African government delegation to the country’s 40th Independence Day celebrations scheduled for Wednesday 12 March 2008.
President Thabo Mbeki will attend these celebrations within the context of South Africa’s priority to consolidate bilateral political, economic and trade relations with Mauritius.
Since gaining independence in 1968, Mauritius has transitioned from a low income, mono-agricultural sugar based economy to a more diversified economy with growing industrial, financial and tourist sectors. For most of the period annual growth has been in the order of 5% to 6%. This remarkable achievement has been reflected in more equitable distribution, increased life expectancy, lower infant mortality and an improved infrastructure.
While in Mauritius, President Mbeki is expected to hold political and economic discussions with his counterpart. Which will among others focus on Mauritius’ intention to set up a Truth and Justice Commission based on the South African model (Truth and Reconciliation – TRC) President Mbeki will also engage in discussions around the issue of stability within the Indian Ocean region with specific reference to the political developments in the Union of the Comoros.
In addition to meetings with President Jugnauth and Prime Minister Ramgoolam, President Mbeki will also be called on by the Chief Justice, the Speaker of the National Assembly and the Leader of the Opposition.
President Mbeki and his delegation are expected to return to South Africa on Wednesday 12 March 2008.
Bilateral Economic Relations
Mauritius has one of the strongest economies in Africa with a GDP per capita of $13,200(est. 2005). South Africa remains the leading supplier of goods to Mauritius.
Trade Relations with South Africa (R 000)
|
Imports
From SA value (c.i.f) million Rand |
Exports
To SA Value
(f.o.b) million Rand |
2005 |
2,163 |
211 |
2006 |
2,261 |
398 |
2007 (from January to September) |
1,686 |
378 |
The Africa Growth Opportunity Act (AGOA) has impacted on the trade/investment relations between South Africa and Mauritius. Utilising strengths from both countries will be to the benefit of South Africa and Mauritius. Business from the two countries will also look into possibilities of investing in a third country such as Madagascar or Mozambique, taking advantage of the absence of conditionalities as well as the abundance of cheap labour.
Issued by Ronnie Mamoepa on 082 990 4853
Department of Foreign Affairs
Private Bag X152
Pretoria
0001
10 March 2008
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