Mauritius continues to rank as one of the most business-friendly environments on the African continent and enacted in 2017 a Business Facilitation Act, although private sector stakeholders have stressed constraints to business facilitation in Mauritius.
International Economics, in consortium with AESA, supports Mauritius’ Economic Development Board (EDB) with the implementation of the interim Economic Partnership Agreement (iEPA) by improving the business and investment climate.
In 2009, Mauritius signed an Eastern and Southern Africa (ESA)-EU Economic Partnership Agreement (EPA). Following the ratification of the EPA by Mauritius, a number of policy reforms have been implemented aimed at reducing trade barriers, in particular by lowering tariffs and introducing a single window for trading activities. However, public and private sector stakeholders have highlighted key constraints to business facilitation in Mauritius owing to heavy regulatory frameworks and weak institutional capacity of various public institutions leading to lack of competitiveness.
This project aims to strengthen the capacity of involved Government bodies and of the investment and services sector and to adopt business enabling measures to improve private sector competitiveness. Our consortium will facilitate effective change in the business enabling climate and assist the Mauritius Government to put into place realistic, feasible reforms that take into account the stakeholders expectations as well as the existing challenges and capabilities.
The Government of Mauritius remains committed to EPA implementation and requested support as a priority area for improving the business and investment climate under the EPA Development Matrix. The project includes design and implements simplified procedures to systematically improve the quality of regulation; improves transparency by establishing e-registry of regulations and procedures related to business operation, that will be accessible to the private sector as well as the general public and regularly updated; designs and assists in the implementation of the simplified administrative procedures and builds the E-licensing platform and builds the capacity of regulators to implement and sustain the reforms.
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As businesses seek to expand operations into new markets, the need to explore global supply chains and understand the international regulatory framework becomes crucial. At International Economics Consulting, we build tailor-made strategies for both import and export-oriented business solutions.
