The Economic Development Board (EDB), the national investment promotion agency of the Government of Mauritius, has opened a new representative office at headquarters of Dubai Chambers, with the aim of promoting bilateral ties and identifying opportunities in the UAE that Mauritian companies can benefit from.

The new office is part of joint cooperation efforts between Dubai Chambers and EDB and the boards presence in Dubai establishes a solid foundation for the organisation to expand UAE-Mauritius economic cooperation, create new channels of dialogue, build economic partnerships and facilitate bilateral trade and investment.

The inauguration of EDBs office came during a high-level delegation visit to the UAE led by H.E. Prithvirajsing Roopun GCSK, President of the Republic of Mauritius. During the visit, a memorandum of understanding (MoU) was signed between Dubai Chambers and EDB Mauritius in the presence of H.E. Abdul Aziz Al Ghurair, Chairman of Dubai Chambers, which facilitates joint cooperation efforts and supports economic partnerships.

Under the terms of the agreement, Dubai Chambers and EDB Mauritius will expand cooperation and enable exchange between their respective member companies operating in financial services, ICT, manufacturing, healthcare, ocean economy, renewable energy and property development. The two entities will establish frameworks to achieve their economic objectives, create new channels for business exchange, as well as exchange best practices, information and knowledge on trade and investment.

During the visit, the Mauritian President said the new representative office of EDB in Dubai would help boost Mauritius exports to the UAE, expand and strengthen bilateral ties and investment cooperation across various sectors, and create benefits for UAE and Mauritian businesses.There is a global consensus that Dubai is playing a leading role on the global scene and we are so happy to be Dubais partner, H.E. Prithvirajsing Roopun GCSK said.

For his part, H.E. Abdul Aziz Al Ghurair, Chairman of Dubai Chambers described the EDBs move and the MoU as important developments that will take UAE-Mauritius trade relations to the next level and accelerate business exchange.