Mauritius-Pakistan Preferential Trade Agreement

> Mauritius-Pakistan Preferential Trade Agreement


 

Mauritius-Pakistan Preferential Trade Agreement becomes operational

 

Respective internal procedures have been completed by Mauritius and Pakistan and administrative arrangements put in place to make the Preferential Trade Agreement (PTA) operational as from 30 November 2007. The Mauritius-Pakistan PTA which was signed on 30 July 2007 will apply to a wide range of products.

 

Both countries have agreed to extend tariff concessions to each other on more than 100 tariff lines during the initial period and expand this list during the course of future talks at the level of the Joint Working Group.

 

Pakistan has offered Mauritius a margin of preference of 50% on the existing tariff rate immediately on the date of entry into force of the PTA to some 64 products which include flowers, fruits, tea, sugar, sea food items and soap. [see concession list to Mauritius -non textile]  Tariffs will be brought down to zero on these products during the 2nd year of implementation. Pakistan has also offered tariff preferences ranging from 35% to 50% coupled with tariff rate quotas ranging from 200,000 to 300,000 pieces on some 66 categories of textile items.

 

Mauritius has offered Pakistan a margin of tariff preference ranging from 15% to 30% during the first year of the implementation of the PTA on some 102 tariff lines covering products like flowers, fruits, cereals, tobacco items, salt, marble, carpets, bed linen, textile furnishing articles and electrical machinery. These tariff preferences will increase in the range of 50% to 100% during the 2nd year of the implementation of the PTA. [see concession list to Pakistan]

 

Any importer or exporter willing to take advantage of the tariff preferences in respect of products specified in the respective national tariff schedules of the two countries must ensure that their consignments are accompanied by the appropriate Certificates of Origin. These Certificates of Origin are available at the Mauritius Chamber of Commerce and Industry.

 

These Certificates must be correctly filled by the exporters and submitted for approval to the Customs Department of the Mauritius Revenue Authority.

 

Mauritian exporters willing to export textile items falling under tariff rate quota must apply to the Commerce Division of the Ministry of Industry, Small and Medium Enterprises, Commerce and Cooperatives. For further information on the PTA, interested parties may contact the International Trade Division of the Ministry of Foreign Affairs, International Trade and Cooperation.

Source: Government Information Service www.gov.mu