Mauritius RISK & COMPLIANCE REPORT DATE: May 2017
Mauritius RISK & COMPLIANCE REPORT DATE: May 2017 KNOWYOURCOUNTRY.COM Executive Summary - Mauritius Sanctions: None FAFT list of AML No Deficient Countries Not on EU White list equivalent jurisdictions Higher Risk Areas: Offshore Finance Centre Non - Compliance with FATF 40 + 9 Recommendations Medium Risk Areas: Corruption Index (Transparency International & W.G.I.) Failed States Index (Political Issues)(Average Score) Major Investment Areas: Agriculture - products: sugarcane, tea, corn, potatoes, bananas, pulses; cattle, goats; fish Industries: food processing (largely sugar milling), textiles, clothing, mining, chemicals, metal products, transport equipment, nonelectrical machinery, tourism Exports - commodities: clothing and textiles, sugar, cut flowers, molasses, fish Exports - partners: UK 18.7%, France 16.4%, US 10.4%, South Africa 9.7%, Spain 7.6%, Italy 7.1%, Madagascar 6.7% (2012) Imports - commodities: manufactured goods, capital equipment, foodstuffs, petroleum products, chemicals Imports - partners: India 23.7%, China 15.3%, France 8.9%, South Africa 6.3% (2012) Investment Restrictions: 1 Of the 33 economic sectors looked at in the World Bank report, 32 are fully open to foreign investment in Mauritius. The only exception is television broadcasting, where foreign capital participation in a company must be less than 20%. However, the World Bank report draws attention to the difficulties of investing in certain sectors in Mauritius such as electricity generation and distribution as well as port and airport management, due to
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