Amid the upcoming expiration of the African Growth and Opportunity Act (AGOA) on September 30, Mauritius is actively engaging in diplomatic negotiations to secure an extension or a new trade framework. The loss of AGOA would raise tariffs on Mauritian textiles and other vital exports, undermining its competitiveness in the US market.
Industry experts, including Paul Baker, Chairman of International Economics Consulting Group and the Africa Trade Foundation, discuss Mauritius’ ongoing efforts to negotiate trade deals with the US.
Paul Baker highlights the challenge in securing a comprehensive US-Mauritius Free Trade Agreement (FTA). He advocates strengthening regional coalitions to maintain economic resilience in uncertain global trade conditions, rather than exhausting diplomatic efforts for a WTO incompatible trade deal.
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