From The Hindu

Seeking to allay apprehensions about Mauritius being used for money laundering activities, its Indian-origin Prime Minister Navin Ramgoolam on Tuesday said the island nation has decided to provide automatic exchange of tax related information with India.

Ramgoolam, who was here to attend BJP leader Narendra Modi’s swearing—in as Prime Minister on Monday, also said that Mauritius would not allow anybody to abuse or misuse its jurisdiction for any illicit activities.

Speaking to reporters after a bilateral meeting with Modi on Tuesday morning, Ramgoolam said he has also invited the Indian Prime Minister to visit Mauritius.

On the contentious issue of revision of a tax treaty between the two countries, the Mauritius Prime Minister said that “there must be a quick resolution to resolve all issues related to the direct tax avoidance agreement between the two countries“.

“We both agreed that there must be quick resolution (on the issues) for certainty, clarity and predictability,” he said.

Read more at The Hindu