Mauritius IFC and GIFT City can complement each other: Mauritius’ financial services minister Seeruttun
Mahen Kumar Seeruttun, Minister of Financial Services and Good Governance of Mauritius; Illustration by Manali Ghosh
Synopsis
Mahen Kumar Seeruttun says that the island country is poised to be a strategic partner for India in building the Africa-India corridor as Africa draws more investments. Seeruttun spoke to ET Prime on a range of issues concerning both India and Mauritius.
A strategic ally in the Indian Ocean, Mauritius has been the primary gateway for foreign investments coming into India for several decades. Over the last few years though, this relationship has evolved with key changes in the framework governing the taxation aspects and the emergence of competing jurisdictions such as Singapore and GIFT City. Unfazed, the island nation has added several new products and innovated in the legislative framework to
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