Mauritius is the first African country to have agreed to the signing of the OECD Declaration on International Investment and Multinational Enterprises (the “OECD Declaration”).  The OECD Declaration is one of the most important instruments which its members and candidates are required to adhere to and brings in the following benefits:

(a) improved transparency of investment regimes which would give comfort to both domestic and foreign investors;

(b) entitlement to participate along with other adherent countries and the European Commission in the work of the OECD Investment Committee;

(c) taking advantage of the OECD diagnosis and benchmarking exercises in the course of the review process of the investment climate of Mauritius; and

(d) improved access to global supply chains.