An official Mauritian delegation, headed by the Mauritian Minister of Foreign Affairs, visited Russia at the end of November 2017, at the invitation of Russian Minister of Foreign Affairs, Sergue? Lavrov. The objective was to boost the economic and financial cooperation between the two countries, and to promote the advantages of the Mauritius Financial Center to the business circle and to the wealthy in Russia.

The two sides discussed several collaboration avenues including in the fields of flight connectivity, financial series, Russian investments in Mauritius and tourism. Russia has agreed to participate in the commemoration of the 50th Anniversary of the Independence of Mauritius in 2018 with the organisation of a Russian Week.

The Mauritian delegation also comprised of the Chief Executive of the Financial Services Commission (FSC) who received the formal guarantee that the Central Bank of the Russian Federation, the sole regulator for the banking and non-banking sector of the country, will collaborate with the FSC in the sectors of information exchange and reinforcement of operating capacity, amongst others. An agreement will be signed in during the first semester next year.

Russia has great ambitions with regards to the African continent and Mauritius can play a key role in this regard.