The Economic Development Board (EDB) is set to sign a Memorandum of Understanding (MoU) with the Eastern Africa Association with a view to increasing the prospects of investors and corporations forming part of this association to use Mauritius as the platform for investment into the eastern African region.

The MoU has the following main objectives:

a. establishing a practical framework for cooperation and collaboration with regard to investment, trade promotion and facilitation;

b. maintaining a continuous working relationship for the promotion of the partnership between both parties; and

c. strengthening institutional relations and identifying areas of comparative advantage, competence and complementarity.